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

Retailers call for business rate reform

Businesses recommend four main changes to the system.

Most small firms absorb the cost of wage increases

FSB says a “cautious approach” to the national living wage is needed.

Number of non-domiciled taxpayers falls

78,300 individuals claim non-domiciled status.

Creative businesses receive £1.1bn tax relief

Relief for film and high-end television increases 40% in three years.

VAT reverse charge ‘should be delayed’

CIOT says construction businesses are unprepared.

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