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

HMRC said the decision is not a blanket waiving of penalties.

14% expect to reduce headcount in the next three months.

45% of self-assessment taxpayers yet to file.

Latest COVID-19 support 'misses the mark'.

Measures include a one-off grant worth up to £9,000.

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The Association of Independent Professionals and the Self Employed