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

Prolonged recession forecast

With new figures officially confirming that the UK economy is in recession, analysts and business owners are predicting a long haul to recovery.

New health and safety penalties come into force

Businesses are being reminded that the penalties for breaking workplace health and safety laws have increased following the introduction of the Health and Safety Offences Act 2008.

Revenue cuts overpaid tax interest rates to zero

HM Revenue and Customs has announced that, as from 27 January, the rate of interest to be paid on money owing to taxpayers falls to 0 per cent.

Call to help charities

Effective ways of giving to charities

Holiday rights for employees on long-term sick leave

The European Court of Justice (ECJ) has ruled that employees who have been on long-term sick leave can take all the paid annual holiday they have accumulated while off work.

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