The Government has announced changes to the Bounce Back Loan Scheme (BBLS) available to small businesses in the UK. Companies will now have longer to repay what they have borrowed. Under the current scheme, firms get interest-free loans for the first year. However, many businesses that took out a loan last year will have to…

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More than 10.7m taxpayers filed their tax returns by 31 January. Yet nearly 15% didn’t make the deadline. This is almost twice the amount reported last year.  On 1st February 2021, the day after the 2019/20 self assessment deadline, HMRC had received 10,743,387 returns (which includes expected returns, unsolicited returns and late registrations). 1.8m were outstanding. …

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