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The latest updates from the world of business
Our quick updates help you stay up to date on business news without taking up too much of your time. Take a look below to find out what’s been happening.
What to do if you missed the self-assessment deadline
HMRC has thrown taxpayers a lifeline due to pandemic pressures.2.3 million miss self-assessment deadline
Interest charged at 2.75% on tax owed from 1 February 2022.Govt. ‘fully committed’ to 1.25% NICs increase
No.10 denies ‘wobbling’ on increase.HMRC reviewing work from home tax break
£125 tax break could be closed.ONS developing ‘radical’ method to better measure inflation
Concerns inflation may be higher for low-income families.Retail sales volumes drop in December 2021
Sales fell at the fastest rate in 11 months.Govt. launches digital discount scheme
Discounts available for digital accounting software.4m leave tax returns to the last minute
12.2m expected to file for 2020/21 tax year.Scam HMRC call reports drop by 97% over 2021
HMRC moves from third most phished brand to outside top 100.Businesses react as ‘Plan B’ restrictions end
All restrictions end on 26 January.
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