ATT: Corporation tax rise will increase complexity

The introduction of a new small profits rate for corporation tax from 2023 will increase complexity, according to the Association of Taxation Technicians (ATT).In the Spring Budget 2021, Chancellor Rishi Sunak announced the main corporation tax rate will increase from...

FSB: More needed on employment costs following Budget

The Federation of Small Businesses (FSB) is calling on the Government to provide more detail on employment costs, following the Budget announcement.Yesterday, 3 March, Chancellor Rishi Sunak, set out a £65 billion three-point plan to provide jobs and support for...

Spring Budget 2021: Expectations

When Chancellor Rishi Sunak delivers his second Budget speech later today, the ongoing COVID-19 crisis engulfing the UK’s health and public finances will take centre stage. With the Government borrowing £270 billion so far to fight the pandemic over the last year,...

1.6m UK firms supported by COVID-19 schemes

Almost 1.6 million businesses have used Government COVID-19 financial support schemes, receiving £73 billion in total, the Treasury has revealed.The majority of that support has been provided through the bounce back loan scheme (BBLS), through which 1.5m businesses...