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.
UK tax gap drops to record low
More than 95% of tax owed in 2018/19 was collected.IFS: ‘Tax rises may not be imminent’
Think tank predicts a third phase of recovery.Chancellor announces ‘plan for jobs’
More employer grants in summer economic update.Stamp duty land tax holiday in England & Northern Ireland
Tax-free threshold temporarily rises from £125,000 to £500,000.Standard rate of VAT cut in hospitality and tourism sectors
Reduced rate of 5% announced for food, accommodation and attractions.Economic update 2020: expectations
Three changes the Chancellor may announce.Exporters feel upturn in international trade
Supply chains pick up as restrictions ease.Workers in crisis-hit sectors face savings crisis
COVID-19 causes savings gap to widen.COVID-19 prompts increase in savings habits
More households are ‘saving for a rainy day’.First round of SEISS grants to end next week
The self-employed urged to double-check eligibility.
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