Business news

HMRC reveals up to £3.5bn furlough claims paid in error

Around £1.75 billion and £3.5 billion could have been wrongly paid out.

HMRC announces changes to VAT on early contract terminations

Most early cancellation fees are liable for VAT.

House purchases plummet in Q2 2020

Fewer than a million customers now on a payment deferral.

Low deposit mortgage deals fall amid pandemic

In September mortgage deals fell 26.7%.

HMRC updates SEISS repayment guidelines

Notification period ends on 20 October 2020.

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