News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
VAT cut kicks in for certain sectors
15th July 2020
Standard rate temporarily falls from 20% to 5%.
UK economy slumps 19.1% in lockdown
14th July 2020
Figures dispel hopes of a V-shaped recovery.
UK tax gap drops to record low
13th July 2020
More than 95% of tax owed in 2018/19 was collected.
IFS: ‘Tax rises may not be imminent’
10th July 2020
Think tank predicts a third phase of recovery.
Chancellor announces ‘plan for jobs’
9th July 2020
More employer grants in summer economic update.
