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The government has announced that self-employed parents whose trading profits dipped in 2018–19 because they took time out to have children will be able to claim for a payment under the Self-Employed Income Support Scheme (SEISS).
06 Feb 2024
Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget.
Tax cut promises may need to be scrapped as a result of the UK being in an 'unfortunate economic and fiscal bind', the Institute for Fiscal Studies (IFS) has warned.
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