Business news

People who earn more than £150,000 will get 50 per cent tax relief on the contributions they make to their pensions for one year.

The collapse of conciliation talks in Brussels mean that the UK will keep its opt-out from the EU Working Time Directive.

Firms that employ more than 250 staff will be obliged to make public figures showing average hourly rates paid to male and female employees under the terms of the new Equalities Bill.

The UK’s smallest firms find it difficult to cope with the demands of employment law, the British Chambers of Commerce (BCC) has said, prompting a call for a three-year moratorium on new legislation.

Businesses that believe they will make a trading loss in the current tax year can ask HM Revenue and Customs (HMRC) to take the anticipated loss into account as part of any rescheduling of their corporation tax or income tax payments.

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