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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.
Sunak expected to extend stamp duty holiday
The threshold has been temporarily increased to £500,000.HMRC waives 5% late payment penalty
Payments should be made by 1 April 2021 to avoid fine.Treasury delays business rates review
Report pushed back due to pandemic uncertainty.HMRC confirms 12-month ‘soft landing’ for IR35
New reforms to go ahead as planned on 6 April.IFS: Sunak should look to the Budget to secure recovery
The Budget will be delivered on 3 March 2021.Stamp duty deadline threatens transactions
Stamp duty holiday is due to end on 31 March 2021.Setting and reviewing employee pay
Determining your employees’ pay rates for 2021/22.IPPR: 600,000 firms could collapse without further support
Up to nine million jobs may be affected without an extension.VAT reverse charge reminder
The charge comes into effect from 1 March 2021.Record annual slump for UK economy in 2020
COVID-19 prompts UK GDP to fall by 9.9%.
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