News Desk

News Desk

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

70% of small firm employees save into workplace pensions

Savings

Participation rates still fall behind medium and large businesses.

Most contractors unaware of IR35 changes

Business Tax

Reforms to be rolled out for the private sector in April 2020.

Government contractors urged to pay suppliers on time

Business Regulation

New prompt payment rules take effect from autumn.

Employers’ pension contributions rise to 3%

Savings

Combined employer-employee contributions increase to 8%.

Higher-rate tax cut takes effect for most

Personal Tax

Scottish high-earners feel the freeze in 2019/20.

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