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

HMRC publishes penalties for not paying deferred VAT

VAT

Businesses can still make arrangements to avoid penalties.

Government gives tax holiday for veteran employees

PAYE and NI

It aims to help struggling veterans find work.

Exports to EU recover after January slump

Current Affairs

Trade was driven by non-perishables in February.

ONS figures show 0.4% growth in February

The economy

GDP remained below February 2020 levels, however.

Outdoor hospitality and non-essential retail reopen

Business Regulation

Consumer confidence rebounds as lockdown measures ease.

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