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

UK borrowing hits £22.3bn in October

20- 11- 2020

Borrowing hit its highest levels in October since records began in 1993.

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HMRC warns self-assessment customers about scammers

19- 11- 2020

500,000 referrals from the public offered fraudulent tax rebates.

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MTD for corporation tax to be implemented from 2026

18- 11- 2020

HMRC revealed potential designs of its MTD for the corporation tax system.

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More support needed for small firms with 50 days until EU transition

17- 11- 2020

Small businesses face a “hugely difficult” winter.

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Over 19,000 jobs created by kickstart scheme

16- 11- 2020

4,359 applications were received from employers across Great Britain.

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