Business tax

HM Revenue and Customs (HMRC) has published the advisory fuel rates that apply as from 1 December.

Large numbers of SMEs are being denied access to the finance they need to grow because they fall between the funding levels that venture capital firms and the banks are prepared to offer.

The government should lighten the tax burden on smaller businesses if it wants to promote economic recovery, a business group has argued.

HM Revenue and Customs (HMRC) has published a list of software suppliers whose products have been tested for their ability to submit the new format online corporation tax returns.

Business groups have expressed disappointment over the government’s scheme for dampening the impact of the business rates increase set for next April.

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