Business news

Treasury plans to increase the rate of VAT to 17.5 per cent at the end of the year appear certain to go ahead.

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.

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