Thousands of businesses are facing additional costs after a tribunal ruled that overtime should be included in holiday pay calculations.
Small businesses pay an average of £35,500 to hire their first employee, according to research by the Centre for Economic and Business Research and the Federation of Small Businesses.
Businesses will no longer be able to self-assess their risk to IR35 from April 2015, HMRC has announced.
From October 2014, around 24 million people will receive a personal tax statement from HMRC detailing how their taxes were spent, the Chancellor George Osborne has announced.
Micro employers will be given until April 2016 to adapt to the real time information system for reporting PAYE payments, HM Revenue & Customs has announced.
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