Business news
Every working day, we’ll publish one story on the hottest tax, business or personal finance developments. From mortgages to inheritance tax, from Making Tax Digital to IR35, if there’s something occurring that will effect our clients, we want to make sure they know about it without having to wade through government papers or press releases. If you want to know more about the implications of any of these stories on your financial situation, get in touch – we’re always happy to talk.
1.6m UK firms supported by COVID-19 schemes
Majority of support has been provided through the bounce-back loan scheme.Sunak to unveil new mortgage scheme
Buyers will just need a 5% deposit on houses up to £600,000.Furlough numbers increase in January
4.7 million people furloughed on 31 January 2021.HMRC launches VAT deferral new payment scheme
Firms can pay equal consecutive monthly instalments from March 2021.Sunak expected to extend stamp duty holiday
The threshold has been temporarily increased to £500,000.HMRC waives 5% late payment penalty
Payments should be made by 1 April 2021 to avoid fine.Treasury delays business rates review
Report pushed back due to pandemic uncertainty.HMRC confirms 12-month ‘soft landing’ for IR35
New reforms to go ahead as planned on 6 April.IFS: Sunak should look to the Budget to secure recovery
The Budget will be delivered on 3 March 2021.Stamp duty deadline threatens transactions
Stamp duty holiday is due to end on 31 March 2021.
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