News desk

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

More over-65s pay additional-rate income tax

37,000 people paid tax at 45% in 2018/19.

Government plans to reform statutory sick pay

SMEs could receive statutory sick pay rebate.

Capital gains tax changes to hit homeowners

Final period exemption for private residence relief will reduce to nine months.

HMRC presses on with IR35 in the private sector

Move to affect 170,000 individuals from April 2020.

Most savers on course for retirement

Latest auto-enrolment increase is well received.

1 in 5 sole traders close after one year

Businesses with ‘established’ traits more likely to keep trading.

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