When Chancellor Rishi Sunak gives his second Budget statement on 3 March, he will have to perform a delicate balancing act. The Chancellor will be caught between supporting the businesses…
The twice-delayed introduction of the domestic VAT reverse charge for construction services will come into effect on 1 March 2021. The change was originally scheduled to come into effect from…
A new service designed to resolve disputes between eligible small and medium-sized enterprises (SMEs) and participating banks has gone live. The Business Banking Resolution Service (BBRS) has been established following…
HMRC has published a briefing on its approach to the changes to off-payroll working rules, commonly known as IR35, which will be introduced on 6 April 2021. Reiterating its advice…
The Institute for Fiscal Studies (IFS) has urged Chancellor Rishi Sunak to use the upcoming Budget to set out plans for an economic recovery from the coronavirus (COVID-19) pandemic. The…
Almost 600,000 UK employers are at risk of business collapse in the spring if there is no extension of government coronavirus (COVID-19) support, according to a new report by the…