Business news

VAT cut kicks in for certain sectors

Posted On: Wednesday, 15 July 2020

Standard rate temporarily falls from 20% to 5%.

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UK economy slumps 19.1% in lockdown

Posted On: Tuesday, 14 July 2020

Figures dispel hopes of a V-shaped recovery.

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UK tax gap drops to record low

Posted On: Monday, 13 July 2020

More than 95% of tax owed in 2018/19 was collected.

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IFS: ‘Tax rises may not be imminent’

Posted On: Friday, 10 July 2020

Think tank predicts a third phase of recovery.

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Chancellor announces ‘plan for jobs’

Posted On: Thursday, 09 July 2020

More employer grants in summer economic update.

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