Business news

HM Revenue and Customs (HMRC) is facing £8.5 billion in claims for overpaid VAT.

Concerns have been expressed over plans by HM Revenue and Customs (HMRC) to make the online filing of company tax returns in a new format compulsory.

Employees working for private firms are taking less time off sick, a new report has revealed.

The government has been urged to create 5,000 graduate internships in smaller businesses as a way of combating rising unemployment among those leaving university.

An independent review has said that involving employees fully in the future of their firms will help businesses to innovate and take advantage of new opportunities.

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