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VAT decision will be a 'tax on jobs'

The Recruitment and Employment Confederation (REC) has expressed its dismay at learning that the government intends to go ahead with plans to drop the VAT staff hire concession as from 1 April.

Fraudsters target online banking

Online banking fraud rose by £30 million last year, according to new figures.

Budget must 'address' small business confidence

The 2009 Budget, which will be delivered on 22 April, must focus on improving business confidence, the Forum of Private Business (FPB) has said.

Apportionment of membership fees cannot be retrospective

Under normal circumstances, the provision of a package of benefits by an organisation, in return for a membership subscription, would take the VAT treatment of the principal benefit, the other benefits being treated as ancillary.

EU discussions begin on UK working time opt-out

Talks have started in Brussels on whether the UK is to retain its opt-out from the EU’s Working Time Directive.

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