Business news

PAYE errors mean billions in under- and overpaid tax

As many as six million people may have paid incorrect amounts of tax and national insurance through the PAYE system.

Government confirms launch of NIC holiday scheme

The government has announced the introduction of its national insurance contribution holiday for start-up firms in certain areas of the UK.

Pre-Budget Report to be 'dropped'

The government is likely to axe this year’s pre-Budget Report, according to press reports.

New pension tax relief plans receive qualified support

Government plans to simplify pensions tax relief have won qualified backing from the Chartered Institute of Taxation (CIOT).

Small businesses urged to comply with the law on pay

Smaller firms are being encouraged to examine their pay systems to make sure they are not breaching the law on equal pay.

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