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

7 in 10 people not doing anything to reduce potential IHT bill

40% of consumers concerned about IHT bills.

Sunak considering cutting VAT on household energy bills

Cut would deliver ‘Brexit dividend’ but ignore other commitments.

MTD will cost SMEs £25bn, says FSB

SME organisation calls for MTD reforms.

Economy inches towards recovery in August

Economy grows by 0.4% in August after -0.1% slump in July.

IFS: Chancellor may lower spending plans in the Autumn Budget

Spending may be cut to achieve the Chancellor's budget surplus.

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