News

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

Nine million people increased borrowing in 2020

25 Jan 21

The proportion of borrowing £1,000 or more increased to 45%.

22 Jan 21

Taxpayers could face fines totalling to £250 million.

21 Jan 21

50,000 small firms close every year due to late payments.

20 Jan 21

The loans are part of the £280bn support package.

19 Jan 21

Around £1.8bn is expected to be paid out in claims.