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

Tax Charter clause 'very welcome'

01 May 09

An enabling clause should give taxpayers a greater stake in the planned Tax Charter.

Wages decline at record rate

30 Apr 09

Average weekly earnings fell by 5.8 per cent in February, the Office for National Statistics (ONS) has reported.

Small businesses disappointed by Budget, says poll

30 Apr 09

A survey carried out by the Federation of Small Businesses (FSB) has revealed that many small firms feel the Budget did not offer them the support they need during the recession.

Identity theft surges in the recession

29 Apr 09

The number of people who have suffered from the crime of identity theft has shown a sharp rise in the first three months of the year.

Some high earners could benefit from new pensions tax relief rules

29 Apr 09

People who earn more than £150,000 will get 50 per cent tax relief on the contributions they make to their pensions for one year.