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The latest tax, employment, business and economic news affecting businesses and individuals alike. Updated daily.

VAT cut has delivered little 'benefit'

16 Feb 09

A new poll has revealed that businesses believe the cut in VAT, introduced by the government in an effort to stimulate consumer spending, has done little good.

Keeping talented staff 'important' during the downturn

13 Feb 09

Retaining talented employees is still a priority for many firms, despite the pressures of the economic downturn.

Businesses delay £1 billion in tax payments

13 Feb 09

HM Revenue and Customs (HMRC) has announced that some 60,000 businesses have reached agreements for delaying the payment of their taxes.

Savings rates slip to another new low point

12 Feb 09

Savings accounts were delivering record low returns in January, new figures have revealed.