The economy

ONS figures show 0.4% growth in February

GDP remained below February 2020 levels, however.

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Govt. announces raft of ‘tax day’ consultations

The Treasury released 30 tax updates.

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UK borrowing hits £19.1bn in February

Borrowing was £17.6 billion higher than the same period last year.

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The furlough scheme, from now to September

The extension is expected to save 340,000 jobs, according to the OBR.

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Details of the “final” two SEISS grants

An extra 600,000 taxpayers are eligible for the fourth and fifth grants.

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February CJRS deadline reminder

Furlough claims must be made by today.

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UK economy shrinks 2.9% in January, ONS reveals

The construction industry grew by 0.9% in January 2021.

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ICAEW urges HMRC to rethink MTD for corporation tax

Quarterly reports could place “additional burden” on companies.

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Final business rates review to be published in Autumn

An interim report will be published on 23 March.

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Many freelancers still struggling, warns IPSE

The grant will cover 80% of average trading profits up to £7,500.

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