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

Furlough scheme ends after 18 months

Around 1m people were still furloughed.

Salary sacrifices 'may mitigate the NICs rise'

Employees could benefit in the short-term.

Calls resurface to abolish business rates

Opposition would increase digital services tax to fund the move.

Borrowing between April and August less than expected

Monthly borrowing remains above pre-pandemic levels.

HMRC postpones MTD for ITSA to 2024

Basis period reform also delayed to at least 2024.

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