News
In these unprecedented times, new financial information to kickstart our economy is being reviewed by the Government and consistently updated. At Tax-Link, we believe information is a key element of success and we can help by keeping you up to date. If you have any queries, please do not hesitate to contact us, and together, we can make it through these challenging times.
Recovery Loan Scheme launches
Another round of government-backed loans are available.National living and minimum wage rates increase
National living wage now includes 23 and 24-year-olds.Land and buildings transaction tax holiday ends
Holidays extended in England, Northern Ireland and Wales.Business rates in England in 2021/22
Temporary business rates reductions, frozen multiplier, and a ‘fundamental review'.IR35 rules finally extend to the private sector
Changes to kick in from Tuesday 6 April 2021, exactly one year later than planned.HMRC publishes new cryptoassets guidance
Updated tax rules include ‘staking' for the first time.Workplace pension contributions bounce back after slump
Employee contributions increased by 12% in Q3 2020.Green homes grant scheme scrapped
Applications for vouchers close on 31 March 2021.IHT reforms cut paperwork for 90% of non-taxpaying estates
Changes to take place from 1 January 2022.UK unemployment rate drops to 5%
The ONS estimated 1.7 million people were unemployed in January this year.
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