News Desk

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

UK economy holding back SMEs

The UK economy is preventing six out of ten small and medium sized enterprises (SMEs) from achieving their growth potential, new research from the Federation of Small Businesses (FSB) has indicated.

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Chancellor faces increasing pressure for Budget tax-cuts

The Chancellor is facing mounting pressure from business groups and labour MPs to cut taxes in the upcoming Budget in order to stimulate economic growth and boost business.

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Businesses encouraged to go green with low carbon vehicle grant

The Government has announced the first seven vans eligible for its new Plug-in Van Grant scheme which offers tax breaks of 20 per cent off the cost of selected low emission vehicles.

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HMRC: Late tax return penalties being issued

HMRC has begun issuing hundreds of thousands of penalty notices to those who have failed to submit tax returns on time, it has announced.

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Small businesses embrace the internet age

The number of small and medium sized enterprises (SMEs) using the internet and social networking sites has risen sharply over the past year, a recent business survey by PeoplePerHour has shown.

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