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Helping you see through the perils of tax transparency - May 2013
Just as in the UK, the US government is keen to crack down on residents who use undeclared overseas accounts to avoid paying tax.
Funding for Lending given new boost - May 2013
Business leaders have given a cautious welcome to the governments’ plan to extend the Funding for Lending scheme.
‘Too good to be true’ pension release claims targeted - May 2013
HM Revenue & Customs (HMRC) has issued a new warning on the risks involved in the early accessing or unlocking of a pension.
RTI triggers national insurance number guidance - May 2013
Following the introduction of Real Time Information (RTI) reporting for PAYE, employers have been given new guidance on verifying or obtaining national insurance numbers.
Late filing penalties start adding up - May 2013
More penalties are on the way in May for taxpayers who have failed to submit their 2011-12 tax return online.
New NMW rates confirmed - May 2013
The government has announced the new National Minimum Wage (NMW) rates that will take effect on 1 October.
New help to boost SME cyber security - May 2013
Small businesses have been offered new support to help protect against cyber attacks.
HMRC cracks down on undisclosed property gains - April 2013
As part of its ongoing crackdown on tax evasion, HM Revenue & Customs (HMRC) is targeting people with second or multiple properties who have not declared any of the profits or gains made.
SMEs get £70 million funding boost - April 2013
Small and medium-sized businesses (SMEs) are set to receive a £70 million lending boost as part of government action to increase the availability of finance.
Employment tribunal rules to change - April 2013
New rules designed to streamline the employment tribunal process are set to come into force this summer.
Employers urged to tighten up on personal device use - April 2013
Employers are being urged to be less relaxed about employers who use a personal laptop, tablet computer or smartphone for work and could be placing people’s personal information at risk.
The Budget 2013 - March 2013
Read our summary of George Osborne's budget.
Act now to mitigate the Annual Residential Property Tax - February 2013
With the Annual Residential Property Tax (ARPT) set to apply to properties worth more than £2 million from this April if they are owned by non-natural persons, it is imperative that those affected by the changes take action now, if they have not already done so.
Businesses face VAT crackdown - February 2013
Up to 50,000 businesses that have failed to submit VAT returns have been warned that their tax affairs could soon come under close scrutiny.
More than 600,000 businesses submit VAT returns each month but a new campaign will see many of those attracting greater attention from HM Revenue & Customs (HMRC) from 28 February.
Green Deal gives green light to energy saving- February 2013
More than ten per cent of businesses are already planning to take advantage of a new scheme encouraging investment in energy-saving measures, according to research.
The Green Deal, launched by Deputy Prime Minister Nick Clegg on 28 January, offers businesses and households the opportunity to pay for work to reduce their energy costs via their electricity bills.
New measures set to reduce employment tribunals- February 2013
Employment Relations Minister Jo Swinson has announced plans to reduce the number of workplace disputes reaching an employment tribunal.
Get it right on reference numbers, HMRC says- February 2013
HM Revenue & Customs (HMRC) has announced that it is contacting some customers if they have sent a payment without a reference number or with an incorrect one.
Extra help for young entrepreneurs- February 2013
Thousands more young entrepreneurs are now eligible for government loans to help turn their business ideas into reality.
Prime Minister David Cameron announced on 3 January that funding for the government’s Start-Up loans scheme would be increased by £30 million to £110 million over three years.
New service to offer sickness absence support- February 2013
British businesses are to be helped to tackle long-term sickness absence affecting their staff through a new, independent service aimed at getting people back to work.
The government says the scheme will save employers up to £160 million a year in statutory sick pay. The independent occupational health assessment and advice service is expected to be operational in 2014, with funding for pilot occupational health advice services running until 31 March 2014.
Preparing for the new residency and property rules’ - January 2013
With a number of measures being introduced this April that could affect an individual’s non-resident status and increase the amount of tax due on residential properties, we consider the main rule changes and the actions that should be taken to minimise their impact.
Avoid last minute RTI rush, employers told - January 2013
Tax chiefs have issued a new year call to employers, urging them to ensure they are ready for major PAYE changes that come into effect in three months’ time.
Taxpayers celebrate Christmas…by filing online- January 2013
IMore than 1,500 people took a break from turkey and tinsel on Christmas Day to file their tax returns online, according to new figures from HM Revenue & Customs (HMRC).
New statutory payment rates issued- January 2013
The Department for Work and Pensions has announced new statutory payment rates for 2013-14, which are due to take effect from April 2013.
Consultation time cut in redundancy rules changes - January 2013
The government has announced changes to the rules on larger scale redundancies that will cut by half the consultation period required.
Tax avoidance scheme closed down- January 2013
The government has again underlined its focus on tackling tax avoidance by closing down a scheme being marketed as a way for companies to artificially reduce corporation tax bills.
Motivation staff ‘key challenge in 2013’ - January 2013
Employment relations service Acas has highlighted motivating and engaging employees as key challenges for employers in 2013.
‘Real time’ PAYE rules eased for some employers - December 2012
HM Revenue & Customs (HMRC) is to give some employers extra time to submit PAYE data in real time.
Businesses urged to bid for skill boosting cash - December 2012
Businesses across the country are being urged to bid for a share of a £150 million pot to create the training schemes they need to grow their companies.
Most auto-enrolled workers ‘will stay in’ - December 2012
New government figures suggest most people will stay in pension schemes under the new automatic enrolment initiative.
Trade mission highlights Russian opportunities - December 2012
British firms are being urged to explore new trade opportunities with the UK’s fastest growing major export market.
Red tape costs to be cut faster - December 2012
The costs of red tape on business will be slashed at twice the present rate from January 2013, the government says.
Flexible leave ‘good news for employers’ - December 2012
The government has announced reforms that will allow parents to share up to a year's leave after the birth of a child and described them as “good news” for employers.
New VAT certificates ‘may be on way’ - December 2012
HM Revenue & Customs (HMRC) has warned businesses registered for VAT that they may receive a new certificate they are not expecting.
The Autumn Statement 2012 - December 2012
Read our summary...
Have you got undeclared funds in a Jersey account? - November 2012
As you may be aware, HM Revenue and Customs (HMRC) has been stepping up its efforts to claw back undeclared tax as the Government looks to reduce the deficit.
New rules for properties owned by non-natural persons - November 2012
In his last Budget, Chancellor George Osborne announced a number of measures that will impact on residential properties worth more than £2 million owned by non-natural persons.
Government targets ‘tax gap’ - November 2012
The government has reinforced its commitment to closing the “tax gap” as new figures revealed it had shrunk on last year’s figures.
Tax relief cap plan ‘anti-business’, say experts - November 2012
Business people on modest incomes are under threat from the government’s proposed cap on income tax relief, tax specialists have warned.
Families urged ‘be on guard’ for child benefit tax - November 2012
Hundreds of thousands of families are due to receive letters from HM Revenue & Customs (HMRC) in the coming weeks, spelling out how their child benefit could be cut.
New site replaces Business Link - November 2012
The government’s business information website has been replaced by a new site, designed to make it quicker and easier for internet users to interact with the government online.
Service set to give exporters a Headstart - November 2012
A new service will provide practical support for UK businesses to export to high growth markets in South East Asia.
Fast track option set to cut IP dispute costs - November 2012
A new small claims track has been introduced to the Patents County Court designed to speed up the court process and make it cheaper and easier, particularly for small and medium sized businesses, to protect intellectual property (IP) rights.
Act now on RTI, warns HMRC chief - November 2012
HM Revenue & Customs (HMRC) has been writing to more than 1.4 million employers to its launch Real Time Information (RTI) awareness campaign.
SMEs face surge in compliance inquiries - November 2012
Compliance investigations into small and medium sized enterprises (SMEs) by HM Revenue & Customs jumped 39 per cent in the last year, according to new research.
HMRC offers tax help by email - October 2012
Small and medium-sized firms are being invited by HM Revenue and Customs (HMRC) to sign up to receive regular emails giving help and support.
Tax crackdown targets lawyers and hairdressers - October 2012
Legal professionals, solicitors and hairdressers are among the latest groups to be targeted in a new tax crackdown by HM Revenue & Customs (HMRC).
Funding boost for new entrepreneurs - October 2012
The first cash from the government £82.5 million Start-Up Loans scheme is now being distributed to young entrepreneurs, with the aim of helping to launch up to 30,000 new companies.
VAT changes come into force - October 2012
Changes to VAT arrangements, originally announced in the March 2012 Budget, take effect from 1 October.
Company car advisory fuel rates updated - October 2012
HM Revenue & Customs has amended the advisory fuel rates for company cars with effect from 1 September 2012.
Moves to streamline employment law launched - October 2012
New measures designed to give firms more flexibility in managing their workforce and to cut employment red tape, have been announced.
Automatic Enrolment gives new pension security to thousands - October 2012
More than half a million people will be saving in a workplace pension for the first time by Christmas, according to new government figures.
Taxpayers count £1,200 cost of failing to file returns - September 2012
Around half a million people who have not yet submitted 2010/11 tax returns to HM Revenue & Customs (HMRC) are now receiving additional penalty letters.
1 in 3 businesses not aware of RTI, research finds - September 2012
One-third of small businesses are not aware of Real Time Information (RTI) and how it will affect their PAYE systems, according to new research.
Contractors ‘could cut SME tax bills by £2bn’ - September 2012
Businesses could slash their tax bills by up to £2 billion by using self-employed contractors, according to professional advice website unbiased.co.uk.
Keep HMRC informed, warns business group - September 2012
An organisation representing small businesses has warned entrepreneurs to fully update HM Revenue & Customs (HMRC) about any changes to their operations, following a report that one firm is facing a £10,000 fine for not telling HMRC it had changed its name.
Retailers hit by £205m e-crime bill - September 2012
A pioneering study of e-crime has revealed that e-crime cost UK retailers at least £205.4 million in 2011-2012.
Firms ‘at risk on insurance cover’ - September 2012
New research has shown that more than a third of UK small or medium enterprises (SMEs) could be putting their business at risk by failing to insure their key staff.
New CIS guidance issued - September 2012
HM Revenue & Customs (HMRC) has issued updated guidance for subcontractors operating as limited companies on reclaiming any deductions taken from their payments under the Construction Industry Scheme.
New crackdown planned on ‘aggressive’ tax avoidance - August 2012
Exchequer Secretary to the Treasury David Gauke has announced government proposals to crack down on the promoters of aggressive tax avoidance schemes.
New rules take effect on non-dom investor ‘grace periods’ - August 2012
New regulations come into force this month setting out the circumstances in which HM Revenue & Customs (HMRC) may extend the time a non-dom can take certain steps to avoid a tax charge when an investment in the UK no longer qualifies for business investment relief.
Inward investments boosts UK jobs - August 2012
Strong inward investment in the UK created or secured more than 112,000 jobs in 2011/12, a rise of 19 per cent on the preceding year, according to new figures.
Payroll professionals lead way on RTI - August 2012
The payroll professionals’ industry body has showcased the new system for reporting employee’s pay and tax details that will affect all businesses next year.
Campaign offers chance to settle tax bills - August 2012
Tax chiefs have launched a new initiative targeting taxpayers who have failed to complete tax returns in the past.
New guidance explores redundancy and maternity leave - August 2012
Acas and the Equality Human Rights Commission have published a new guide to help employers understand the rights of women who are pregnant or on maternity leave when facing redundancy.
Tax experts call for more work on GAAR - August 2012
Tax specialists have welcomed the launch of a government consultation on a general anti-abuse rule (GAAR) but said that work was still needed on the proposals.
Health and safety offenders face new costs - August 2012
Businesses that breach health and safety laws could find themselves facing substantial bills from 1 October.
Changes to the proposed statutory residence test - July 2012
While leaving the UK for work or retirement may seem like an attractive option, it is not always easy for an individual to establish non-resident status.
‘Good compliance’ the priority on cookies law, says regulator - July 2012
Businesses and other organisations operating websites have been told that regulators want “good compliance, not rushed compliance” with a law requiring them to gain visitors’ consent before logging information about them.
New fund offers helping hand to young entrepreneurs - July 2012
Young entrepreneurs are set to benefit from an £80 million-plus fund designed to help up to 30,000 businesses get off the ground.
UK to get world-class creative tax breaks - July 2012
The UK’s creative industries are set to benefit from tax reliefs that are among the most generous in the world, according to the government.
Rules on large redundancies set for shake-up - July 2012
Proposals that could cut the length of time employers have to consult with their employees on large scale redundancies by up to a third have been published by the government.
HMRC targets taxi firms and restaurants in new crackdowns - July 2012
New taskforces have been launched by HM Revenue & Customs (HMRC) in a bid to recover more than £23 million in unpaid tax.
Anti-abuse tax rules set to include IHT - July 2012
Inheritance tax (IHT) is set to be included in new anti-abuse rules designed to tackle tax avoidance schemes.
Markets great place to start a business, says Apprentice star - July 2012
More than 1,000 people are taking a step towards a new career by booking a start-up market pitch as part of a UK-wide Love Your Local Market campaign.
Loans service ‘not what struggling businesses need’ - June 2012
A new business lending service from online loans specialist Wonga is not what struggling enterprises need, according to business recovery experts.
UK firms must prepare for eurozone crisis, say accountants - June 2012
A leading accountancy organisation has warned that the majority of UK businesses have no contingency plans in place in response to the economic turmoil in the eurozone.
HSE highlights high cost of equipment testing myth - June 2012
The Health and Safety Executive (HSE) has launched new guidance on safety testing of electrical appliances, saying that unnecessary checks are costing office-based businesses an estimated £30 million a year.
Bosses set for end of third party harassment rule - June 2012
The government is asking employers for their view on plans to scrap legislation that makes bosses liable for harassment of their employees by customers or clients.
HMRC steps up tax help for bereaved - June 2012
A new service has been launched to help people who need to sort out tax issues following bereavement.
New IR35 guidance comes under fire - June 2012
New HM Revenue & Customs (HMRC) guidance to clarify the risk of contractors being caught by the IR35 intermediaries legislation has been attacked as a missed opportunity.
Justice reforms good for business, says minister - June 2012
Justice Minister Jonathan Djanogly has highlighted how the government is helping businesses to “get on with the job” by reforming the justice system.
Forced retirement appeal fails - May 2012
A Supreme Court ruling in a key direct age discrimination case is a reminder to employers that a worker’s age should not be “shorthand” on which to base their ability to do their job, says the Equality and Human Rights Commission (EHRC).
First-time employers get online help - May 2012
A new online toolkit has been launched to give first-time employers a step-by-step guide to their obligations when taking on a member of staff.
Panel targets ‘daft’ health and safety decisions - May 2012
Office workers being banned from putting up Christmas decorations and trapeze artists being told to wear hard hats are among a top ten of myths published as part of the launch of a new service to help curb the worst examples of health and safety misuse.
E-traders urged to set tax records straight - May 2012
People trading on the internet who haven’t paid all the tax they owe are being invited to come forward and pay up under a new HM Revenue & Customs (HMRC) campaign.
£40m boost for hi-tech businesses - May 2012
UK hi-tech small and medium-sized enterprises with high growth potential are set to benefit from at least £40 million of investment from a new Enterprise Capital Fund.
Mental ill health ‘costs 91m lost work days’ - May 2012
Employment relations specialist Acas has launched a new guide to tackle what it describes as the last taboo in business - mental illness at work.
Businesses urged to step up IT security - May 2012
A new survey says that IT security breaches are costing the UK economy billions of pounds a year.
Apps aid record-keeping on the go - May 2012
HM Revenue & Customs (HMRC) has highlighted the availability of mobile apps that can help small businesses with record keeping on the go.
R&D tax credit consultation launched - April 2012
The government has launched a consultation on the new above the line (ATL) research and development (R&D) tax credit for larger companies, to help shape the way it should work when it is introduced in April 2013.
HSE delays move to reclaim costs - April 2012
The Health and Safety Executive (HSE) has delayed the introduction of a scheme under which it would recover its costs from businesses that break health and safety laws.
Auto-enrolment threshold to be aligned with tax - April 2012
The government has announced that automatic pension enrolment rates are to be aligned with tax and national insurance thresholds, to streamline administration for businesses.
Be prepared for Diamond Jubilee, employers told - April 2012
Employers are being urged to plan ahead for the Queen's Diamond Jubilee holiday in June.
Self-employed plumber jailed for tax evasion - April 2012
A man has been jailed for 12 months for evading £91,000 of income tax and national insurance during ten years of trading as a self-employed plumber.
Stamp price rises to soar - April 2012
Royal Mail has announced steep rises in the prices of stamps from 30 April 2012.
The Budget 2012 - March 2012
Read our summary of the March Budget 2012
New taskforces planned to target tax cheats - March 2012
HM Revenue & Customs (HMRC) is to launch 30 new taskforces to crack down on tax dodgers in 2012-13.
‘Avoid early release pension offers’ warning - March 2012
Consumers have been urged to steer clear of offers that claim to be able to provide loans or release tax-free cash from people’s pension pots before they reach the age of 55.
Penalties on way for late tax returns - March 2012
Almost one million taxpayers will receive a penalty for filing their tax return late, but the figure has fallen substantially on last year.
£1bn boost for business growth - March 2012
An extra £1 billion has been set aside by the government to help businesses to grow and create new jobs.
New lenders join SME loan scheme - March 2012
Four new lenders have been accredited to offer loans to small businesses under the Enterprise Finance Guarantee (EFG) scheme, the government has announced.
IHT relief on businesses ‘safe’ - March 2012
Family business owners have been reassured that the government has no plans to remove a valuable inheritance tax relief.
HMRC to rethink business record checks - March 2012
HM Revenue & Customs (HMRC) has announced a fresh approach to its business records checks (BRC) programme in 2012, following a review of a pilot for the scheme.
Red tape cuts ‘saving businesses £4m’ - March 2012
A new government report says that British businesses will benefit from around £4 million in cuts in regulation between January and June 2012.
Updated auto-enrolment timetable issued - February 2012
The government has published a revised timetable for when employers must start enrolling their staff in a workplace pension under the auto-enrolment initiative.
Company law in red tape spotlight - February 2012
Companies are being asked for their views on how to tackle unnecessary bureaucracy in company and commercial law in the latest phase of the government’s Red Tape Challenge to scrap unnecessary regulations.
PM backs small businesses in new campaign - February 2012
Empty and under-used government offices may become home to start-up and growing small businesses, under plans forming part of a new initiative announced by Prime Minister David Cameron.
‘Online only’ VAT returns weeks away - February 2012
HMRC has issued a reminder to VAT-registered businesses that all VAT returns must be submitted online from April.
SME manufacturers offered new support - February 2012
A new national programme has been launched to help small and medium manufacturing businesses to grow.
New tax dispute scheme put to test - February 2012
A pilot scheme has been launched for a new way to resolve disputes between SMEs and HM Revenue & Customs (HMRC).
Move set to boost co-ops - February 2012
New legislation will be introduced by 2015 that will help to make it as easy to set up a co-operative as any other form of business, the Prime Minister has announced.
Mediation pilot aims to resolve workplace disputes - February 2012
A new government pilot scheme could pave the way to earlier and more cost-effective resolution of workplace disputes.
Taxman to review record checks project - January 2012
HM Revenue & Customs (HMRC) is to carry out a review of its Business Record Checks project, designed to tackle poor record-keeping by small and medium-sized enterprises.
Employment tribunal fees plan unveiled - January 2012
The government has outlined its plans for charging fees to take cases to employment tribunals, designed to cut a multi-million pound bill for the taxpayer and ease pressure on businesses.
‘Excessive’ payment surcharges to be outlawed - January 2012
Businesses will be banned from levying “excessively high” surcharges on all forms of payment before the end of this year, under government plans.
Website owners ‘need to get to work’ on cookies law - January 2012
Website owners must try harder to comply with the new cookies law, according to the Information Commissioner’s Office (ICO).
Acas chief warns of social media challenge - January 2012
Social media is likely to be one of the biggest workplace issues in 2012, the head of employment relations service Acas has warned.
Time running out for tobacco displays - January 2012
Time is ticking away for the first retailers to be affected by a ban on tobacco displays to ensure their premises are compliant with the law.
E-trader jailed over VAT fraud - January 2012
An online trader has been jailed for attempting to evade more than £420,000 of VAT, ahead of the launch of an HM Revenue & Customs (HMRC) campaign targeting people who use e-marketplaces to buy and sell goods and who fail to pay tax owed.
Employment law set for major reform - December 2011
Business Secretary Vince Cable has set out plans for major reform of employment law.
Self-employed set to benefit in health and safety shake-up - December 2011
Government plans have been announced for a major reduction in health and safety rules, with the first changes taking effect from January.
‘Real time’ pilot on way for PAYE - December 2011
A major change to the way that employers submit information on tax and national insurance for their employees is to begin next year with a pilot programme.
£95m boost for small businesses - December 2011
Small and medium sized businesses in England are set to benefit from £95 million in government investment.
New taskforces to target tax cheats - December 2011
HM Revenue & Customs (HMRC) has launched five new taskforces around the country to tackle tax evasion in sectors including fast food, property rentals and scrap metal dealing.
Employers offered help on training - December 2011
A £250 million plan will be launched in the new year, designed to give businesses the power to design, develop and purchase vocational training
New service set to cut costs of IP court cases - December 2011
A new small claims service is to be introduced at the Patents County Court (PCC), helping small and medium-sized businesses to protect their copyright, trade marks and designs.
The Autumn Statement - November 2011
A summary of the autumn statement 2011.
‘Millions’ may drop out of auto-enrolment, survey finds - November 2011
Pensions experts have warned that around three million people may drop out of a government scheme designed to encourage more workers to save for their older age.
A N Other fine mess on PAYE paperwork - November 2011
Employers are being urged to make sure their PAYE paperwork is correct after hundreds of returns incorrectly claimed to employ A N Other in 2009/10.
Use your data protection knowledge, businesses told - November 2011
Businesses are becoming more aware of their obligations under the Data Protection Act (DPA), according to new figures from the Information Commissioner’s Office (ICO).
SMEs slipping up on credit checks - November 2011
Almost three-quarters of small and medium-sized UK businesses are failing to check on their customers’ credit worthiness, according to new research.
Cost of business rate appeals backlog soars - November 2011
Delays in dealing with business rate appeals are costing businesses £300 million per year, according to new research.
Patent documents go online – and free - November 2011
Innovative UK businesses are set to benefit from a free system to access information on patents launched by the Intellectual Property Office (IPO).
Business asset freezing plan under fire - November 2011
Insolvency experts have warned that a proposed new European Commission measure to freeze the assets of British businesses could deal a serious blow to work to rescue firms in financial difficulties.
HMRC criticised over tax amnesties - October 2011
HMRC has hit back at suggestions that tax amnesties, such as the deals reached recently with Switzerland and Luxembourg, could help criminals gain respectability.
Calls made for simpler SME financial reporting - October 2011
The Financial Reporting Council and the Department for Business, Innovation and Skills (BIS) have published a joint missive calling for annual accounts for the smallest businesses to be simplified in order to cut red-tape for micro-entities.
Three-fold increase in tax scam emails - October 2011
HM Revenue and Customs say the number of scam “phishing” emails has increased by more than 300% over the past year.
New Agency Worker Regulation (AWR) comes into affect - October 2011
The Government has introduced new Agency Worker Regulation (AWR) changing the way businesses introduce new staff on a short term basis.
Cable attacks banks over lending - October 2011
The Business Secretary Vince Cable has once again attacked banks over a lack of lending to SMEs.
2, 250 tax inspectors in super rich crackdown - October 2011
A crack team of more than 2,000 tax inspectors is to be set up by HM Revenue and Customs to target tax avoidance and evasion.
Small businesses fail to check credit scores - October 2011
A survey of nearly 700 small businesses has found that more than 71 per cent did not check their customers’ credit status.
Banks to offer riot loans - October 2011
A major bank is set to offer interest and fee-free loans to businesses hit by the summer riots.
SMEs access to equity finance eased - September 2011
Small businesses are set to be able to access equity finance more cheaply and effectively with early changes to European regulatory measures.
Capital allowances loophole closed - September 2011
The government has bought forward the closure of a loophole that allowed businesses to accelerate capital allowances claims for plant and machinery and obtain advantageous early tax relief.
New guidance issued on distance selling - September 2011
The Office of Fair Trading (OFT) has launched a new online resource to help businesses comply with the law when selling goods and services at a distance, such as website or mail order sales.
Retailers warned over online security - September 2011
Businesses have been urged to do more to protect customers’ data after hackers were able to access the payment details of thousands of customers of cosmetics and toiletries retailer Lush.
Rule change on agency workers’ rights looms - September 2011
New rules affecting employers who take on agency and temporary workers will take effect from 1 October 2011.
NHS worker on sick leave for a year entitled to holiday pay - September 2011
The Employment Appeal Tribunal (EAT) has found in favour of an NHS employee, ruling that she was entitled to payment in lieu of holidays she had been unable to take while on sick pay for a year.
Research highlights cookie law non-compliance - September 2011
New research has highlighted the potential scale of organisations and businesses failing to comply with EU directives on downloading cookies.
Taxpayers hit by HMRC hold-up - August 2011
Around 500,000 people who complete self assessment tax returns will have to wait longer than normal to find out how much tax they have to pay, HM Revenue & Customs (HMRC) has announced.
Businesses asked for views on tax and NI merger - August 2011
The government is asking businesses for their views on integrating the income tax and national insurance contributions (NIC) systems.
Tax specialists issue PAYE warning - August 2011
Tax experts say there could be “grave consequences” unless problems with the PAYE system are resolved before the introduction of a new system.
Retail rules to be relaxed in Red Tape Challenge victory - August 2011
Retailers’ lives are set to be made easier after the government said more than 160 regulations would be simplified or scrapped in the first changes to be introduced through its Red Tape Challenge.
UK leads on foreign investment - August 2011
A new report has shown that the UK is the top destination for foreign direct investment in Europe and the third worldwide.
Businesses offered advice on reducing risk abroad - August 2011
A new service has been launched to help UK companies learn about the security and business risks in 90 markets when working abroad.
Information chief ‘disappointed’ at data protection checks take-up - August 2011
Businesses should be more willing to undergo data protection audits, says the Information Commissioner.
Conciliation service helps to head off more tribunals - August 2011
Conciliation service Acas helped to prevent more than 13,000 workplace disputes between individuals and their employers from reaching an employment tribunal, its latest annual report has shown.
Students urged to save on summer job tax - August 2011
Students are being reminded that they may not have to pay any tax on the money they make from summer jobs.
Inheritance Tax (IHT) Planning - July 2011
Have you considered taking steps to reduce your potential IHT liabilities that may become payable when you die ?
End of National Insurance cards comes step closer - July 2011
HM Revenue & Customs (HMRC) has introduced the latest stage of its move to phase out National Insurance cards.
Businesses get extra help on competition law - July 2011
The Office of Fair Trading (OFT) has launched new guidance to help businesses comply with competition law.
Europe set to streamline patent rules - July 2011
UK businesses are set to save millions of pounds a year as a single European patent came a step closer following agreements by ministers at a meeting of the Competitiveness Council in Luxembourg.
New challenge on red tape - July 2011
Businesss owners, employees and the public are being urged to blow the whistle on inconsistent and over-zealous enforcement of rules and regulations.
‘E-traders’ included in new tax crackdown - July 2011
New campaigns targeting VAT defaulters, private tutors and e-marketplaces will be launched by HM Revenue & Customs (HMRC) over the next year.
China tax agreement set to boost trade - July 2011
A new double taxation agreement between the UK and the People’s Republic of China is set to encourage more cross-border trade between the two countries.
UK lobbies over European maternity leave proposals - July 2011
The UK has reinforced its opposition to proposals by MEPs to introduce 20 weeks of maternity leave on full pay.
Advice on offer as Rugby World Cup kicks off - July 2011
The Government has issued advice to employers on maintaining productivity and keeping staff engaged during the Rugby World Cup later this year.
Taxpayers beware! - May 2011
Midgley Snelling LLP would like to warn clients against acting on the latest fraudulent emails purporting to be from HM Revenue & Customs.
Thousands Rise To Red Tape Challenge - May 2011
Thousands of businesses are taking up the government’s challenge to comment on more than 21,000 rules and regulations that affect their lives.
US Offers Tax Disclosure Opportunity - May 2011
American citizens and green card holders living in the UK are required to file annual tax returns and other information to the Internal Revenue Service (IRS).
Government Says No To Early Access to Pension Savings - May 2011
The government has decided to rule out further consideration of early access to pension savings for the time being.
Regional Growth Fund Set To Boost Job Creation - May 2011
More than 100,000 new jobs are set to be created and safeguarded under government plans to invest £450 million in businesses across England.
New Minimum Wage Rates Set - May 2011
The government has accepted the independent Low Pay Commission’s (LPC) recommendations for this year’s National Minimum Wage (NMW) rates.
Don't Forget To PAYE on Time, Says HMRC - May 2011
HM Revenue & Customs (HMRC) has issued a reminder on due dates for PAYE payments made electronically.
New Late Filing Penalties in Place - May 2011
Taxpayers could find themselves paying a high price for submitting late tax returns under a new penalty regime introduced in April.
Round-Up of Budget Reaction - April 2011
Chancellor George Osborne delivered the 2011 Budget on 23 March, saying he intended to “put fuel into the tank of the British economy”. With the implications of the Budget still sinking in, this round-up of some key points also looks at the response to the measures.
Online Filing Plans under Fire - April 2011
Government plans to impose online filing on all the main businesses taxes have been criticised by tax campaigners.
Cable Plans Shake-Up of Audit Rules - April 2011
Business Secretary Vince Cable says the government will remove audit requirements from thousands of smaller businesses.
HMRC Seeks Views on Website - April 2011
HM Revenue & Customs (HMRC) has launched an online survey of its website, www.hmrc.gov.uk
R&D Brings Tax Benefits - April 2011
Thousands of companies are benefiting from research and development (R&D) tax credits, according to new figures from HM Revenue & Customs (HMRC).
Businesses Offered Chance to Slash Red Tape - April 2011
Businesses are being urged to get involved in government moves to reduce the burden of red tape.
Employers Set To Say ‘You’re Hired’ To More Apprentices - April 2011
Business organisations have welcomed plans, announced in the March Budget, to increase the number of apprenticeships over the next four years.
HMRC Told ‘Go Back To Drawing Board’ On Record-Keeping Drive - April 2011
A proposal by HM Revenue and Customs (HMRC) to start making large-scale checks of business records before relevant tax returns are submitted is misguided, according to the Chartered Institute of Taxation (CIOT).
Businesses Share Common Concerns on Tax - February 2011
A series of roadshows organised by the Office of Tax Simplification (OTS) has highlighted key areas of small business taxation that those affected say need to be reviewed or simplified.
SMEs Count Fraud Toll - February 2011
Fraud costs small and medium-sized enterprises an average of £2,800 a year each, according to new statistics from the National Fraud Authority (NFA).
Tax Appeals May Be Worth Pursuing - February 2011
Taxpayers appealing against HMRC decisions or penalties on technical issues or for late or inaccurate filing of VAT returns have a better than 50:50 chance of success, according to recent statistics.
HMRC Denies National Insurance Problem - February 2011
HM Revenue & Customs (HMRC) has hit back at suggestions that more than £1.3 billion in national insurance contributions (NICs) has been lost.
Tax Experts Offer Help on Underpayment Letters - February 2011
The Low Incomes Tax Reform Group (LITRG) has issued guidance on what action to take if someone receives a tax calculation letter for the 2007-08 tax year from HM Revenue and Customs (HMRC).
Employers Offered Guidance on Pension Changes - February 2011
Employers are being offered extra help to get to grips with new responsibilities under workplace pensions reform.
Consultation Begins In Bid to Cut Employment Tribunals - February 2011
The government has launched a new consultation on plans improve the way in which workplace disputes are resolved.
New Parental Leave Plan Unveiled - February 2011
The government has announced more details of shared parental leave arrangements designed to help families balance work and life commitments.
VAT - Place of Supply of Services - January 2011
Changes to the VAT place of supply rules from 1 January 2011 will affect entertainment, cultural, sporting, educational, scientific or similar services which are actually performed outsdie the UK.
Consultation under Way on PAYE Reform - January 2011
HM Revenue and Customs (HMRC) is inviting employers to respond to a second phase of consultation on improving PAYE through the use of Real Time Information (RTI).
Corporation Tax ‘Vodcast’ Offers Expert Advice - January 2011
HM Revenue & Customs (HMRC) has teamed up with accountancy experts to provide online advice on changes to corporation tax due in April 2011.
HMRC Joins Twitter - January 2011
HMRC has begun trialling the use of Twitter, operating under the username @hmrcgovuk
Employment Rights Payments Change - January 2011
Annual changes to the payments for unfair dismissal and redundancies will take effect from 1 February 2011.
Business Records Checks Consultation Focuses on SMEs - January 2011
HM Revenue & Customs (HMRC) is seeking views on how best to implement a programme of Business Records Checks, designed to improve record keeping in small and medium-sized enterprises (SMEs).
European Patent Fees Reduced - January 2011
Thousands of innovative UK businesses will reduce the cost of protecting their bright ideas in Europe under new arrangements.
Tax Avoidance Study Group Launched - January 2011
The government has made its first appointment to a group of experts who will explore the potential for a General Anti-Avoidance Rule (GAAR) as part of the UK tax regime.
Tax Reliefs in the Spotlight - January 2011
The Office of Tax Simplification (OTS) has completed a key stage in its major review of tax reliefs.
Concern as Time to Pay Arrangements Fall - December 2010
New figures show that fewer businesses are deferring tax payments through the HM Revenue & Customs’ (HMRC) Time to Pay scheme, designed to help businesses during the economic downturn.
HMRC Reports on R&D Support - December 2010
HM Revenue & Customs (HMRC) has issued a new report on research and development (R&D) decision-making processes in British businesses.
VAT Rules on Entertaining Overseas Customers Changed - December 2010
HM Revenue & Customs (HMRC) has shifted its position on the VAT treatment of business entertainment provided to overseas customers.
Change on Unfair Dismissal Claims on Cards - December 2010
Lord Young, the government’s new Enterprise Adviser, has told the BBC that he may recommend an increase in the length of time employees have to work before being allowed to bring unfair dismissal claims.
Smaller Charities Win Online Filing Concession - December 2010
From 1 April 2011 onwards, all companies and organisations will have to file company tax returns online for any accounting period ending after 31 March 2010.
Reminder on Filing Online - December 2010
HM Revenue & Customs (HMRC) has reminded anyone missing the 31 October deadline for filing paper self assessment tax return for 2009-2010 that they have until the end of January to file online.
Alert to Employers on CD-ROM - December 2010
Businesses using HM Revenue & Customs’ (HMRC) Employer CD-ROM have been urged to make sure it is up to date.
Businesses Urged to Prepare for Pensions Shake-Up - December 2010
The government has set out plans for automatic enrolment into workplace pensions.
Spending Review Offers Help to Business - November 2010
Chancellor George Osborne unveiled his Spending Review on 20 October, setting out £81 billion in cuts over the next four years.
New Enterprise Allowance Boost for Start-Up Firms - November 2010
People who have been unemployed for six months and want to start their own business will be offered access to business mentoring and financial support of up to £2,000.
State Pension Age to Rise to 66 by 2020 - November 2010
Chancellor George Osborne has announced a faster than expected rise in the state pension age as part of his October Spending Review.
Business Quangos Bite Dust - November 2010
Regional Development Agencies are among the business-related quangos that face the axe or other changes in a government shake-up.
All Change on National Insurance Cards - November 2010
HM Revenue & Customs (HMRC) has announced a change on replacement national insurance cards, ahead of a phasing out of the traditional plastic card.
Comments Sought on Competition Law Compliance Guidance - November 2010
The Office of Fair Trading (OFT) is consulting on two guidance documents designed to help businesses and company directors comply with competition law.
Track Down Your Missing Pension, Says Minister - November 2010
People who have lost touch with workplace pension schemes from previous employers, as well as personal schemes, are being urged to track them down to ensure they receive all of their entitlements in retirement.
HMRC Shakes Up Contact Centre Opening Hours - November 2010
From 29 November 2010, HM Revenue & Customs (HMRC) contact centres will reorganise their opening times to allow more staff to answer calls during the busy periods.
HMRC issues guidance on tax underpayments - October 2010
HM Revenue & Customs (HMRC) has issued guidance for up to 1.4 million taxpayers who have underpaid PAYE due to incorrect tax codes.
£900M to fight tax non-compliance - October 2010
Large businesses will be among those targeted in a £900 million government plan to tackle non-compliance in the tax system.
New businesses benefit from NI holiday - October 2010
A new regional national insurance (NI) holiday for start-up businesses has come into effect.
CD-ROM alert for employers - October 2010
Employers are reminded that new national minimum wage rates (NMW) will come into force from 1 October.
Businesses get helping hand on awards- October 2010
Businesses looking for opportunities to raise their profile are being given a helping hand by Business Link.
Online guidance to sale of goods act launched - October 2010
The Office of Fair Trading (OFT) launched a new online resource to help businesses comply with the law when customers buy or return goods.
Comments invited on bribery act guidance- October 2010
Businesses are being invited to have their say on guidance designed to help them implement legal measures designed to strengthen the UK’s stance against bribery.
Tax specialists criticise paperwork cuts - October 2010
Tax experts have hit out at HM Revenue and Customs’ (HMRC) plans to stop issuing copies to tax agents of some mail sent to their clients to help cut costs.
Act now before the pension annual allowance falls - October 2010
Tax experts have hit out at HM Revenue and Customs’ (HMRC) plans to stop issuing copies to tax agents of some mail sent to their clients to help cut costs.
Three-quarters of taxpayers opt for online returns - September 2010
As the 31 October deadline looms for paper tax returns, new figures from HM Revenue & Customs (HMRC) reveal that growing numbers of individual taxpayers are opting for online filing.
Helping hand on VAT errors - September 2010
HM Revenue & Customs (HMRC) has issued new guidance on correcting VAT errors.
HMRC steps up online employer information - September 2010
Employers will be able to access more HM Revenue & Customs (HMRC) advice and guidance online and via downloads as HMRC works to reduce the amount of information it posts out.
Furnished holiday lettings rules under review - September 2010
The government has launched a consultation on the tax rules for furnished holiday lettings.
IHT in the spotlight - September 2010
HM Revenue & Customs (HMRC) has launched a consultation into tackling inheritance tax avoidance associated with trusts.
Tool aids businesses to build age-friendly workplaces - September 2010
UK employers now have access to a free tool that allows them to assess current and future workforce needs.
Taxpayers warned of phone con - September 2010
HM Revenue & Customs (HMRC) is warning taxpayers to be vigilant following reports that thieves are making phone calls pretending to be the taxman.
HMRC brings in debt collectors in 2010-11 - September 2010
Debt collection agencies will be used by HM Revenue & Customs (HMRC) during 2010-11 to collect an additional £140m of tax debt.
Greener cars drive up savings - September 2010
Private and fleet buyers in the UK are to be offered up to £5,000 as an incentive to buy greener cars in a government scheme launching at the start of next year.
PAYE in the spotlight - August 2010
PAYE could be on course for significant change following the launch of a major consultation.
HMRC under fire over income tax cases backlog - August 2010
The head of the National Audit Office has criticised HM Revenue & Customs (HMRC) for failing to make enough progress in reducing a backlog of 18.2 million cases where there is potentially overpaid or underpaid income tax.
Online VAT deadline looming - August 2010
Businesses need to act now if they have not already registered for online filing of VAT returns.
Tax set to be made simpler -August 2010
Chancellor George Osborne has launched a new Office for Tax Simplification (OTS), with the task of identifying areas where complexities in the tax system for businesses and individuals can be reduced.
Get ready for new equality act - August 2010
Time is ticking away for businesses to review their policies and practices to make sure they are in line with the new Equality Act.
Late returns grace period to end - August 2010
Businesses are reminded that a seven-day grace period for late employers’ and contractors’ returns will cease from 31 March 2011.
Guide aims to make managing employee performance easier - August 2010
New guidance is now available for businesses to help them manage the performance of their workforce more effectively.
Revised guidance on 'fit and proper' persons - August 2010
New guidance on the fit and proper persons test for managers of charities has been issued.
HMRC issues new security alerts - August 2010
HM Revenue & Customs has issued a new security warning over an email currently in circulation.
Emergency Budget - July 2010
George Osborne presented his first Budget on Tuesday 22 June 2010.
Capital Gains Tax Changes - July 2010
A new rate of Capital Gains Tax (CGT) of 28% will be introduced. For individuals, the rate of CGT remains at 18% where total taxable gains and income, after taking into account all allowable deductions including losses, personal allowances and the CGT annual exemption, are less than the basic rate limit.
Standard Rate of VAT to Increase - July 2010
It is proposed to increase the standard rate of VAT from 17.5% to 20% with effect for any supply made on or after 4 January 2011.
HMRC Amend PAYE Penalties Guidance - July 2010
At the start of the tax year new late payment penalties were introduced for PAYE and other payments due from employers.
Keep Proper Records!- July 2010
HMRC have recently issued a reminder about the various 'toolkits' that they have developed to assist agents when preparing returns.
HMRC Launch Tax Credit Video - July 2010
Every year, tax credit claimants must renew their tax credit awards by 31 July or their payments may stop. Claimants on ‘nil awards’, and those receiving only the full family element of Child Tax Credit, will receive a statement of their 2009/10 award.
Business Link Guidance For Farmers - July 2010
Business Link has set up a dedicated new online service for farmers and growers.
Maternity Rights for the Self Employed - July 2010
It appears as though the self employed will become entitled to maternity leave for the first time under new laws introduced by the European Union (EU).
Budget Report 2010 - June 2010
Chancellor of the Exchequer Alistair Darling delivered the last budget of this parliament at a time when the focus has shifted slightly from tackling the recession to how to deal with the large amounts of debt built up in doing so.
Flexible Working - The World Cup - June 2010
Acas (the Advisory, Conciliation and Arbitration Service) is advising employers to be ready for the World Cup.
State Pension Age And National Insurance Contributions - June 2010
HMRC are reminding employers to take care when deciding whether or not their employees need to pay national insurance contributions (NICs).
Changes to The Advisory Fuel Rates From 1 June 2010 - June 2010
To reflect the increase in fuel prices, HMRC have issued new advisory fuel rates for employees driving employer provided cars.
Child Trust Fund to be Cut - June 2010
The government has outlined plans to make changes to the Child Trust Fund as part of plans to cut £6 billion in expenditure.
Are There VAT Increases Ahead? - June 2010
The British Chamber of Commerce are predicting that we should expect an increase in VAT to help deal with the country’s budget deficit.
Holiday Entitlement - June 2010
With signs that spring is finally here many employees will be planning or longing for their summer holidays.
P11D Deadline Looming - June 2010
The forms P11D, and where appropriate P9D, which report employees’ and directors’ benefits and expenses for the year ended 5 April 2010, are due for submission to HMRC by 6 July 2010.
HMRC Warn of Email Rebate Scam - June 2010
HMRC are warning that taxpayers are being emailed stating that they are entitled to a tax rebate.
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Funding for Lending given new boost
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‘Too good to be true’ pension release claims targeted
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