Business tax

The government must act to reduce the burden that planned increases in business rates are likely to impose on smaller firms.

HM Revenue and Customs (HMRC) has reminded employers that the rules on reporting car benefits change as from 6 April 2009.

The 2009 Budget, which will be delivered on 22 April, must focus on improving business confidence, the Forum of Private Business (FPB) has said.

HM Revenue and Customs (HMRC) has reminded taxpayers that a new penalty regime for tax errors is due to come into effect soon.

Taxpayers who are late in meeting their tax bills are to be charged a lower rate of interest on unpaid liabilities.

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