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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Public-sector contractors in furlough boost

Job retention scheme open to those in contract.

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National living wage rises to £8.71 an hour

New rates kicked in from 1 April 2020.

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Second phase of MTD for VAT delayed

HMRC defers rollout of more stringent rules until 1 April 2021.

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Govt. urged to plug gaps in self-employed scheme

Tax group raises concerns about those excluded.

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Govt. updates coronavirus job retention scheme advice

Grants can cover pension and NI contributions.

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