Business news

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

New laws to boost SME access to invoice finance

Proposed laws to give small firms a ‘level playing field’.

Treasury scraps plans to abolish class 2 NICs

Planned abolition would ‘introduce complexity’ to the tax system.

IPPR in call to replace inheritance tax

Proposed changes would introduce ‘lifetime gifts tax’.

Government backs industry-led pensions dashboard

Self-employed groups feel ‘let down’ by change in plans.

Advisory fuel rates update

New advisory fuel rates for usage of company cars are in place.

Millennials seek more pension support

Under-35s call for more information from employers.

Most SME leaders have no succession plan

62% have not planned their exit strategy.

One month until offshore tax deadline

Penalty in place for failing to declare income on foreign assets.

SMEs expect revenue growth in 2019

The average firm anticipates 11% increase in revenue.

Chancellor mulls abolishing dividend allowance

Hammond may scrap the allowance in Autumn Budget 2018.

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