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

The government should consider switching the date on which the standard rate of VAT moves from 15 per cent to its former level of 17.5 per cent.

HM Revenue and Customs (HMRC) has warned taxpayers to be on their guard against fraudulent emails promising them a tax rebate.

Businesses that are facing cuts in the level of available credit insurance cover can begin to make use of a new government support scheme from 1 May.

An enabling clause should give taxpayers a greater stake in the planned Tax Charter.

Average weekly earnings fell by 5.8 per cent in February, the Office for National Statistics (ONS) has reported.

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