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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Firms set for first quarterly VAT returns through MTD

HMRC urges businesses to sign up before 7 August.

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More over-65s pay additional-rate income tax

37,000 people paid tax at 45% in 2018/19.

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Government plans to reform statutory sick pay

SMEs could receive statutory sick pay rebate.

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Capital gains tax changes to hit homeowners

Final period exemption for private residence relief will reduce to nine months.

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HMRC presses on with IR35 in the private sector

Move to affect 170,000 individuals from April 2020.

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