Business news

Calls for VAT rise to be pushed back

Businesses are unhappy over government plans to stick to its original timetable on the return to the old standard rate of VAT.

Fraudsters turn to takeover scams

Scams in which criminals take control of someone else’s bank account or credit card are on the increase, the UK’s fraud prevention service has said.

Taxes must be clear and accountable

Tax laws need to be reformed so that they are open, transparent and pose less of a burden to smaller businesses and entrepreneurs.

Small businesses less expensive to run

The cost of running a small business has fallen for the second successive quarter.

VAT accounts for almost half of delayed business taxes

Firms have delayed paying £1 billion of VAT after reaching agreements with HM Revenue and Customs (HMRC) under the Business Payment Support Service.

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