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

Firms that have paid too much VAT to HM Revenue and Customs (HMRC) could be entitled to more money when claiming repayment after the decision of a High Court judge.

Employers are being reminded that the date for filing their annual employer returns is imminent.

The Court of Appeal has backed HM Revenue and Customs (HMRC) in a legal battle over the use of tips and the national minimum wage.

Big businesses are being called on to add their names to the Prompt Payment Code.

The practice of using tips to bring workers’ pay up to the minimum wage is to be made illegal as from October.

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