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

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

The government’s main scheme for encouraging the banks to lend to SMEs during the recession has gained the backing of business groups.

Reports suggesting that the government may look again at plans to extend paternity leave have received a welcome from the Chartered Institute of Personnel and Development (CIPD).

Almost one out of five firms have at some point unknowingly breached the Data Protection Act, according to new research.

A new survey has revealed that for many firms delays in invoice settlement are on the increase, while the reduction of the VAT rate has not been effective in tackling the downturn in business.

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