Millions of taxpayers will receive a new personal tax summary from October 2014. The tax summary will show 24 million people how their personal income tax and

People could face criminal prosecution if they fail to declare and pay offshore tax liabilities.

New figures from the Pensions Regulator show that more than four million workers have now been automatically enrolled into a workplace pension.

New government data has shown that almost a million employers are benefiting from a £2,000 cut in their annual national insurance contributions (NICs) bill. 

Employers are reminded that new national minimum wage (NMW) rates will take effect from 1 October 2014, benefiting more than one million lower paid workers.

Business Secretary Vince Cable has urged businesses, unions and individuals to help identify and close potential loopholes in plans to ban the use of exclusivity clauses in zero hours contracts.