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

Changes to advisory fuel rates for company cars

03 Jun 09

HM Revenue and Customs (HMRC) has announced changes to the advisory fuel rates for company cars as of 1 July.

Government small business lending scheme wins support

03 Jun 09

The government’s main scheme for encouraging the banks to lend to SMEs during the recession has gained the backing of business groups.

Paternity leave plans may be reviewed

02 Jun 09

Reports suggesting that the government may look again at plans to extend paternity leave have received a welcome from the Chartered Institute of Personnel and Development (CIPD).

Firms regularly breaking the rules on data protection

02 Jun 09

Almost one out of five firms have at some point unknowingly breached the Data Protection Act, according to new research.

Late payment a problem, VAT cut of little help, say businesses

01 Jun 09

A new survey has revealed that for many firms delays in invoice settlement are on the increase, while the reduction of the VAT rate has not been effective in tackling the downturn in business.