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

4 in 5 employers ‘negatively impacted’ by NICs rise

BCC reports increased staffing costs and decreased investment.

HMRC suspends payment of some R&D tax credits

Delays expected as HMRC clamps down on abuse.

Experts call for rethink of online sales tax

Critics doubt tax would effectively address business rates balance.

Brexit cross-border tax complexities cost UK economy £47bn

Administrative costs hurt businesses even more.

Sunak sets out ‘plan for growth’ but falls short of immediate support

Chancellor insists the Government “stands ready to do more”.

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