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

Employment rules guide to help small businesses

Business development

The Equality and Human Rights Commission has published a guide to help small firms cope with the economic downturn.

Changes in Intrastat from 1 January 2009


Business which move goods between the UK and other EU Member States are required to submit supplementary declarations for statistical purposes under the Intrastat regime.

Sharp rise in small businesses contemplating staff layoffs

There has been a significant increase in the numbers of small firms that are looking at redundancies as a way of saving costs during the recession.

HMRC issues penalty warning on employer annual returns

Business tax

Employers are being advised that, as from 26 January, HM Revenue and Customs is sending out penalty notices to those firms that have yet to file their 2007/08 employer’s annual return.

Automatic business rate relief ruled out

Business tax

Providing small businesses with automatic rate relief is not a practical option, the government has said.

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