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

Construction industry warned about late payment rules

Government Initiatives

Late-paying companies could lose out on government contracts.

125,000 families take up tax-free childcare

Personal tax

More than one million families could still be eligible.

Welsh taxpayers charged Scottish tax rates

Employees

New income tax rates cause confusion over tax codes.

'Demand for cash ISAs rises 45%'

Personal tax

More savers seek to utilise personal savings allowance.

45% of gifters unclear on inheritance tax rules

Personal tax

Knowledge of rules and exemptions is ‘relatively low’.

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