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

Creative businesses receive £1.1bn tax relief

Relief for film and high-end television increases 40% in three years.

VAT reverse charge ‘should be delayed’

CIOT says construction businesses are unprepared.

Treasury to review tapered annual allowance

Government responds to calls from NHS doctors to scrap taper.

Late payments are a ‘growing challenge’ for 1 in 4 SMEs

Businesses report problems with regulations and customer demand.

Carers’ allowance in line for reform

Select committee calls for Government action.

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