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

1 in 5 sole traders close after one year

Businesses with ‘established’ traits more likely to keep trading.

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Tax changes impact smaller landlords

Lenders’ trade body says Government should halt further measures.

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OTS proposes inheritance tax reform

Recommends reducing seven-year period to five years.

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MTD and Brexit cause HMRC helpline delays

Less than 42% of calls answered in May 2019.

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Businesses raise £1.7bn net finance in May

SME lending growth increases 0.4% in 12 months.

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