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

Oblivious workers over 65 ‘being taxed on their state pension’

Over-65s can receive an extra 5.8% in pension income by deferring.

MPs call for ‘structural break-up’ of Big Four

Committee proposes reforms to the audit industry.

Making Tax Digital for VAT takes effect

Only around 100,000 businesses had signed up by 1 April.

Retirees seek advice on pension options

Retirees seek advice on pension options

Pension income stalls over eight years

Average income stands at £304 per week.

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