The 2020 National Living Wage comes into effect today (Wednesday 1 April), a 6.2% increase on the previous rate.
Businesses will be given an additional 3 months to file accounts with Companies House to help companies avoid penalties as they deal with the impact of COVID-19.
31 million people to benefit from a tax cut, as National Insurance contributions thresholds to rise to £9,500 per year.
HMRC late payment interest rates will be revised after Bank of England cuts base rate to 0.1%.
Companies House has robust plans in place to maintain services for customers and protect the welfare of employees during the coronavirus outbreak.

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