Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Over-65s face social care timebomb
ABI proposes tax exemptions to support self-funding.Tax receipts increased by 4.8% in 2018/19
Almost £623 billion was collected last year.Over-60s earnings income on the rise
Employment rates for older individuals ‘likely to continue rising’.Tax gap rises to £35 billion
‘Failure to take reasonable care’ is the biggest factor in unpaid tax.New measures to prevent late payments
Large businesses could be fined for poor payment practices.HMRC error affects payments on account
Taxpayers could receive much larger bill in January 2020.Reverse charge VAT for construction services
HMRC issues updated guidance on impending change.Saving on summer childcare costs
Government schemes to help pay for childcare this summer.June PAYE payment deadline falls on a weekend
Payments for June 2019 may need to be made sooner.Wealth from additional property ownership soars
More than 11% of adults in the UK have a second home.
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