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

Wales to receive income tax powers in 2019

25 Jul 17

Devolution deal to hand taxation powers to Welsh Assembly in 2 years.

Customers urged to renew tax credits

24 Jul 17

If you haven't done so already, you need to renew your tax credits by 31 July 2017 or risk having payments stopped.

UK inflation drops to 2.6%

21 Jul 17

The rate of inflation fell unexpectedly to 2.6% in June, down from 2.9% in May 2017.

Government raises state pension age

20 Jul 17

People born between 6 April 1970 and 5 April 1978 will have to work an extra year.

Adults not saving enough on regular basis

19 Jul 17

56% of adults feel they are not saving enough of their pre-tax income each month.

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