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

HMRC creates PAYE podcast

18 Feb 09

HM Revenue and Customs (HMRC) has launched a podcast setting out imminent changes to the PAYE filing system for larger SME employers.

Small firms suffer fraud to tune of '£800 a year'

18 Feb 09

Small businesses could be losing up to £800 annually as the result of fraud, it has been claimed.

Businesses failing to cash in on internet sales boom

18 Feb 09

Some 60 per cent of small firms are missing out on the sales opportunities afforded by the internet.

Banks say small firm lending rose last year

17 Feb 09

UK high street banks increased their term lending to small businesses by 9 per cent in 2008, according to figures from the British Bankers’ Association (BBA).

Recession to deepen, warns CBI

16 Feb 09

A combination of a rapidly deteriorating global economy and the ongoing failure of UK businesses to get access to finance will mean that the recession is all set to worsen in 2009, the CBI has predicted.