Business News

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

HMRC launches new helpline and improved tax services for the bereaved

23 May 12: HMRC is to improve the quality of its contact processes and provide extra support for those who have suffered bereavement from this month, it has confirmed.

Businesses call for extended jobless entrepreneur funding

23 May 12: Small business groups are calling for the new enterprise allowance (NEA) scheme to be extended to encourage more jobless entrepreneurs to set up businesses.

UK inflation falls to two year low

22 May 12: Inflation fell to its lowest level since February 2010 in April, the latest figures from the Office for National Statistics (ONS) show.

Northern Ireland fares worst in UK for retail performance and shop vacancies

22 May 12: The number of shoppers in Northern Ireland fell by 4.7 per cent in the three months to April, figures from the British Retail Consortium (BRC) have shown.

EU trends show corporate and personal tax rates are on the up

21 May 12: The average standard VAT rates in the European Union's 27 countries have risen dramatically since 2008, a new report into taxation trends by the European Commission has found.

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