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.