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

Over 300 banks and financial institutions will be obliged to hand over details of their customers’ offshore accounts to the tax authorities.

HM Revenue and Customs (HMRC) has issued a reminder that the dates for claiming back overpaid tax are changing.

Honest firms may find themselves penalised by the new Workplace Parking Levy (WPL) scheme, it has been claimed.

The government has been urged to scrap plans to increase National Insurance payments in response to rising unemployment figures.

Swine flu is making little impact on business in the UK, a new survey has suggested.

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