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

Savers should be offered tax incentives as way of combating the poor returns currently being delivered by savings accounts, a leading banker has argued.

Self assessment taxpayers who are experiencing difficulties in meeting their 31 January tax bills can ask to delay payment.

Taxpayers are being reminded that they must file their self assessment returns online by 31 January if they wish to avoid a £100 penalty.

Employers are being warned not to reduce levels of workplace safety training as a way of saving costs.

HM Revenue and Customs (HMRC) has announced that some 20,000 businesses have so far made use of the Business Payment Support Service (BPSS), delaying payment of £350 million in tax.

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