News

The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

UK economy to contract by 11.3% in 2020

The OBR predicts the economy will grow by 5.5% in 2021.

ATT calls for seasonal party guidance

Clarification needed on tax exemption for annual functions.

AIA limit to remain at £1m until 2022

Temporary threshold in place until 1 January 2022.

New help-to-buy equity loan scheme set to launch

First-time buyers can get up to 20% off the cost of a new home.

UK borrowing hits £22.3bn in October

Borrowing hit its highest levels in October since records began in 1993.

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