Business news
The latest business, tax and economic developments
In the world of business news, it’s easy to feel slightly overwhelmed, as you’re constantly bombarded by alerts and stories, half of which hardly relate to you. We feel that way sometimes, too. That’s why we created our business news section – dedicated to regular business owners like you. With one story a day with only the essentials, you’ll be able to keep up with the biggest business, tax and economic developments of the day.
National living and minimum wage rates increase
National living wage now includes 23 and 24-year-olds.Land and buildings transaction tax holiday ends
Holidays extended in England, Northern Ireland and Wales.Business rates in England in 2021/22
Temporary business rates reductions, frozen multiplier, and a ‘fundamental review'.IR35 rules finally extend to the private sector
Changes to kick in from Tuesday 6 April 2021, exactly one year later than planned.HMRC publishes new cryptoassets guidance
Updated tax rules include ‘staking' for the first time.Workplace pension contributions bounce back after slump
Employee contributions increased by 12% in Q3 2020.Green homes grant scheme scrapped
Applications for vouchers close on 31 March 2021.IHT reforms cut paperwork for 90% of non-taxpaying estates
Changes to take place from 1 January 2022.UK unemployment rate drops to 5%
The ONS estimated 1.7 million people were unemployed in January this year.Business groups welcome ‘tax day’ consultations
The Treasury announced 30 tax updates, consultations and documents.
The keys are in the ignition – are you ready to get started?
