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

The economy grew by 2.3% in April 2021

The economy

Local holidays and hospitality drove the boost.

Independent advisory group to help tackle ‘greenwashing’

Government Announcements

It will oversee the implementation of a green taxonomy.

New Government watchdog to protect workers’ rights

Government Initiatives

It will gain the responsibilities of three current agencies.

£305,000 needed for a ‘comfortable’ retirement

Savings

That equates to £26,000 a year.

OTS explores moving end of tax year

PAYE and NI

Tax simplicity is the priority for the OTS.

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