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

The scheme is due to take effect from 2023.

Employees to receive 80% of salary for hours not worked.

Stock of Government bonds will increase to £875 billion.

Borrowers have until 31 January 2021 to request a payment deferral.

The third taxable SEISS grant increases to £5,160.

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