Business news

EU trends show corporate and personal tax rates are on the up

21 May 12

The average standard VAT rates in the European Union's 27 countries have risen dramatically since 2008, a new report into taxation trends by the European Commission has found.

Think tank urges for single 30% income tax rate

21 May 12

A new single income tax rate of 30 per cent should replace and abolish eight different taxes, a report by a Government think tank has said.

Committee report sceptical of length of apprenticeships

18 May 12

MPs have criticised the length of apprenticeship programmes after a report found a fifth of apprenticeships lasted for six months or less.

Cameron: Continued austerity measures and increased credit for businesses

18 May 12

Prime Minister David Cameron has said the Government will refuse to back down on deficit reduction plans and pledged to boost credit for businesses and households, in a speech made yesterday on the UK's economy.

Businesses leaving employees in the dark about rewards and pay

17 May 12

Companies failing to communicate with employees about their remuneration package, including salaries and benefits, are 'wasting' their money and failing to reap the benefits, research carried out by the Chartered Institute of Personnel and Development (CIPD) has claimed.