Business news
Retirement plans changed due to COVID-19
13% of over-50s have adjusted their retirement age.Chancellor announces job support scheme expansion
Two-thirds of salaries covered for firms required to shut.UK economic recovery slows in August
GDP remains 9.2% lower than pre-pandemic levels.Unpaid BBLs ‘could cost billions’
Up to £26 billion could be lost.Chancellor promises to ‘balance books’ amid pandemic
Sunak hinted at possible tax rises to protect the public's finances.State pension age increases to 66
Men and women now receive their state pension at 66.Treasury issues job retention bonus guidance
Businesses can claim the bonus from 15 February 2021.Enhanced payment plans kick in for self-assessment taxpayers
Tax bills of up to £30,000 can be paid in instalments.37% of UK employers to make staff redundant
Acas reported six out of 10 large companies are likely to make redundancies.Winter economic plan: self-employed support
The Government will keep the SEISS open until 30 April 2021.
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