Business news
Treasury may consider temporary cut to VAT
Pressure on the Chancellor to follow Germany’s lead.UK economy fell by a fifth in April
Unparalleled figures recorded as a result of lockdown.Tax and NICs warning for SEISS recipients
“HMRC needs to publicise grants are taxable”.HMRC goes for recovery powers on COVID-19 grants
Two-week consultation to amend Finance Bill 2019-21 to close tomorrow.Domestic reverse charge VAT delayed until 2021
COVID-19 prompts another delay to change for construction services.More than 1 in 4 employees on furlough
Job retention scheme costs soar to £19.6bn.Reverse charge VAT for builders delayed again
COVID-19 restrictions trigger a five-month delay.Employers in furlough scheme cut-off warning
Tax group warns employers of cliff-edge.Business support loans pass £31bn
Lending rose £3.8bn in the last week of May.Changes to entrepreneurs’ relief edge closer
Tax body calls for greater scrutiny from MPs.
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