Business news

Older taxpayers often paying the wrong amounts

Well over one million pensioners have overpaid their tax, official figures have revealed.

Consumers warned that time is running out on credit-crunch tax breaks

Consumers do not have much time left in which to make good use of a series of tax breaks introduced by the government to help tackle the credit crunch.

Small firms to receive more help with apprenticeships

The government has launched a new scheme to help small businesses take on more apprentices.

HMRC urged to be lenient on returns delayed by the postal strike

Taxpayers whose paper returns are held up in the mail by the postal strike should not have to face a late filing fine.

Income tax requires '7p hike'

To tackle the UK’s massive public debt, the basic rate of income tax should be raised by 7p in the pound, a leading think tank has said.

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