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

Inflation rate rises to 2.9%

UK inflation rose to its joint highest rate in more than 5 years.

SMEs ‘unprepared for GDPR legislation’

Only 9% of business owners fully understand new data protection regulations.

Stamp duty rise drives up landlord costs

Average buy-to-let stamp duty bill stands at £8,477.

Businesses in £2.9bn R&D support boost

R&D tax credits claimed since 2000/01 soars to £16.5bn.

More over-50s making early inheritance gifts

'Living inheritances' help keep younger relatives afloat.

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