Business Tax

The key business announcements made on 3 March 2021.

What the key industry groups have to say about the Chancellor’s Budget speech.

Temporary threshold in place until 1 January 2022.

Employees can receive £6 a week to cover additional costs.

Most early cancellation fees are liable for VAT.

Potential measure would ‘level the playing field’.

Treasury reveals plan to further digitise taxes.

Freelancers call for improved self-employed support.

Chancellor wants to ensure the system is fit for purpose.

Standard rate temporarily falls from 20% to 5%.