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

Savers who have been enjoying generous fixed-rate bonds could soon be facing big reductions in the level of their returns.

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

HM Revenue and Customs (HMRC) is to launch a new campaign aimed at reclaiming the tax payable on undeclared funds kept in offshore accounts.

HM Revenue and Customs (HMRC) has said that it is looking at making changes to the way that expenses and benefits provided by employers are handled for tax purposes.

Smaller firms should look seriously at exporting as a way of combating the economic downturn.

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