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News

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

Average lifetime tax bill shows annual rise

The average UK household pays almost three quarters of a million pounds in taxes over the course of a lifetime, according to research by The Taxpayers' Alliance.

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Treasury launches pension exit fees review

An immediate government consultation will investigate whether pension exit fees should be cut or capped, the Treasury has announced.

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Red tape costs businesses

The UK economy is losing an estimated £41 billion a year to red tape despite continued government promises to reduce the amount of time and money SMEs spend on compliance, a survey by the Forum of Private Business (FPB) has found.

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Microbusinesses relying on personal support

Nearly two thirds of businesses with fewer than 10 employees rely on support from friends and family, research by Lloyds Bank Insurance has found.

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Retirement advice needs varies according to age

The type of retirement advice people want varies significantly according to age, research by Partnership has found.

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