Almost a third of firms that had their auto-enrolment staging date in Q2 2015 completed their application at the last minute or missed the deadline, NOW: Pensions has revealed.

The Financial Reporting Council has introduced new accounting standards designed to simplify reporting for small and micro businesses.

The Department for Business, Innovation and Skills will launch reviews into cutting red tape in 5 key sectors, Business Secretary Sajid Javid has announced.

Regulations to prevent backdated claims for holiday pay going back more than 2 years have taken effect from 1 July 2015.

HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated.

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