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

A survey carried out by the Federation of Small Businesses (FSB) has revealed that many small firms feel the Budget did not offer them the support they need during the recession.

The number of people who have suffered from the crime of identity theft has shown a sharp rise in the first three months of the year.

People who earn more than £150,000 will get 50 per cent tax relief on the contributions they make to their pensions for one year.

The collapse of conciliation talks in Brussels mean that the UK will keep its opt-out from the EU Working Time Directive.

Firms that employ more than 250 staff will be obliged to make public figures showing average hourly rates paid to male and female employees under the terms of the new Equalities Bill.

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