Business news

HM Revenue and Customs (HMRC) has reminded employers that the rules on reporting car benefits change as from 6 April 2009.

The Recruitment and Employment Confederation (REC) has expressed its dismay at learning that the government intends to go ahead with plans to drop the VAT staff hire concession as from 1 April.

Online banking fraud rose by £30 million last year, according to new figures.

The 2009 Budget, which will be delivered on 22 April, must focus on improving business confidence, the Forum of Private Business (FPB) has said.

Under normal circumstances, the provision of a package of benefits by an organisation, in return for a membership subscription, would take the VAT treatment of the principal benefit, the other benefits being treated as ancillary.

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