More than 282,000 working families used a Tax-Free Childcare (TFC) account during March, according to figures from HMRC. HMRC said that it is the highest
Royal Assent of Finance Act 2021 was granted on 10 June, bringing the extended loss carry-back, super-deduction and other measures into force. The Act had
The four-week delay to the easing of lockdown in England has prompted business groups to call for further government support for businesses. The Confederation of
HMRC has announced that it will recover over £1 billion in fraudulently claimed furlough cash over the next two years. UK employers have claimed more
The UK’s current research and development (R&D) tax relief regime offers valuable support to companies but could be improved, according to a survey carried out
The Office of Tax Simplification (OTS) is set to explore the benefits, costs and wider implications of changing the date of the end of the
The G7’s finance ministers have announced a historic international agreement on global tax reform. Following years of discussions, finance ministers agreed to reforms, which they
Many small businesses will soon be required to begin repaying loans taken out under the government’s Bounce Back Loan Scheme (BBLS). The BBLS helped to
An analysis carried out by the Trades Union Congress (TUC) has suggested that the UK’s green jobs and economic recovery plans lag behind the plans
The fifth Self-employment Income Support Scheme (SEISS) grant covering May 2021 to September 2021 will open to claims from late July, HMRC has confirmed. To
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