Business news

Underpaid workers win £4 million in back wages - 2 July 2013

Failure to pay their workers the national minimum wage has cost employers targeted by HM Revenue & Customs (HMRC) £4 …

Data handling failure ‘will cost businesses customers’ - 2 July 2013

The Information Commissioner says that businesses that fail to handle their customers’ personal data properly will quickly find themselves losing …

Pensions compensation boosted for long-serving staff - 2 July 2013

The amount of money which long-serving staff can receive in retirement if their company folds is set to increase. Long …

Directors to face pay clampdown - 2 July 2013

The government has introduced new measures to curb the excessive pay of executives at the largest companies. It is introducing …

New tax taskforces launched - 7 June 2013

The holiday industry in East Anglia, people in London claiming VAT repayments they are not entitled to and Northern Ireland’s …

Consultancy charges to be axed for worker pension pots - 7 June 2013

The government is stepping in to tackle inappropriate charges in automatic enrolment pension schemes. The Department for Work & Pensions …

Offshore structures face crackdown - 7 June 2013

HM Revenue & Customs (HMRC) has teamed up with tax authorities in the United States and Australia to investigate data …

PAYE tax payments in the spotlight - 7 June 2013

HM Revenue & Customs (HMRC) has started its annual end of year reconciliation to check whether PAYE taxpayers have paid …