Business news

Keeping you up-to-date with the latest tax, business and economic news.

Coronavirus loans’ bill passes £22bn

£14bn paid out in first two weeks of bounce-back loans.

HMRC fields two million SEISS applications

More than £6bn paid out in the first six days.

Off-payroll extension may be delayed until 2023

MPs contemplate further two-year delay.

HMRC relaxes stance on home office equipment

Reimbursing employee costs waived for 2020/21.

COVID-19 puts economy into ‘significant recession’

GDP slumps 5.8% in March, and 2% in Q1 2020.

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