With the cost of living increasing at its fastest pace in almost 10 years and inflation hitting 4.2% in the year to October 2021, many consumers will be more cautious about spending.
Business.
Company cars and the rise of the electric vehicle
The upcoming ban on the sale of petrol and diesel cars in the UK has been brought forward from 2035 to 2030, and was originally planned for 2040.
Coronavirus: Self-Employment Income Support Scheme (SEISS)
The self-employment income support scheme (SEISS) was introduced by the government to support self-employed individuals whose businesses were adversely affected by the Covid-19 pandemic.
Self-assessment tax returns and Covid-19 – What you need to know
HMRC has been urged to consider extending the 31 January self-assessment filing deadline and/or late penalty regime in view of the current coronavirus pandemic.
Extended job retention scheme – Points to note
As you are no doubt aware the Job Retention Scheme has been extended to 31 March 2021 – with a government review date in place for January 2021.
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