HMRC has reminded businesses that deferred VAT payments during the pandemic that the online VAT Deferral New Payment Scheme, which allows repayment in monthly instalments, will close in June. Meanwhile, many businesses are seeking to adopt so-called 'hybrid' working practices once the coronavirus (COVID-19) restrictions are fully lifted, the Institute of Directors (IoD) has stated. Responses to an IoD survey suggested that hybrid working could provide the optimum balance for