Business tax

Businesses have been given a reprieve from the 5 per cent rates rise due this month.

As well as changes to the rules governing employers and businesses, this April's common commencement date also introduces some amendments to the tax system.

HM Revenue and Customs (HMRC) is reminding taxpayers that a number of important new measures are due to come into effect in April.

From 1 April 2009, the Scottish Government’s Small Business Bonus Scheme will allow businesses with premises worth up to £8,000 to pay no rates at all.

The Federation of Small Businesses (FSB) has called on the Chancellor to introduce tax reliefs for businesses in the forthcoming Budget.

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