Latest News & Press
New taskforces to target tax cheats - December 8th, 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. Announcing the taskforces on 7 November,Exchequer Secretary David Gauke said honest businesses had nothing to worry about but warned: “We will not tolerate those who break the _ Read more
£95m boost for small businesses - December 8th, 2011
Small and medium sized businesses in England are set to benefit from £95 million in government investment. The government funding, announced on 10 November will support small and medium-sized enterprises (SMEs) considering investing in new capital assets. The government expects the funding to unlock around £500 million of new investment and create at least 4,000 _ Read more
‘Real time’ pilot on way for PAYE - December 8th, 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. Following consultation on Real Time Information (RTI) – under which employers will report tax and national insurance deductions at the same time as they pay their employees, rather _ Read more
Self-employed set to benefit in health and safety shake-up - December 8th, 2011
Government plans have been announced for a major reduction in health and safety rules, with the first changes taking effect from January. An immediate consultation will begin abolish large numbers of health and safety regulations, with the intention of scrapping the first rules within months. From 1 January, a new challenge panel will be introduced, _ Read more
Employment law set for major reform - December 8th, 2011
Business Secretary Vince Cable has set out plans for major reform of employment law. The package of measures, announced on 23 November, include an overhaul of employment tribunals, expected to deliver £40 million a year in benefits to employers. There will also be a call for evidence on whether the 90-day minimum consultation period for _ Read more
New Funding For Businesses Announced by the Welsh Government - November 16th, 2011
The Welsh Government has today announced two new funds totaling £55m aimed at stimulating the economy and helping businesses create new jobs. A £40m fund has been launched for SME’s which will provide repayable business finance to companies in all sectors across Wales. This is not restricted to the current priority sectors and has been _ Read more
A N Other fine mess on PAYE paperwork - November 2nd, 2011
A N Other fine mess on PAYE paperwork 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. As well as 507 A N Others, employer returns submitted to HM Revenue & Customs (HMRC) for 2009/10 also contained the following _ Read more
Use your data protection knowledge, businesses told - November 2nd, 2011
Use your data protection knowledge, businesses told 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). Data published on 21 October found that showed that nearly three-quarters of businesses surveyed were now aware that the DPA requires them to keep _ Read more
SMEs slipping up on credit checks - November 2nd, 2011
SMEs slipping up on credit checks Almost three-quarters of small and medium-sizedUKbusinesses are failing to check on their customers’ creditworthiness, according to new research. Global information services company Experian surveyed nearly 700UKsmall businesses and found that 71 per cent did not check their customers’ credit status, increasing their risk of being paid late or not _ Read more
Cost of business rate appeals backlog soars - November 2nd, 2011
Cost of business rate appeals backlog soars Delays in dealing with business rate appeals are costing businesses £300 million per year, according to new research. Business rates specialist CVS revealed in October that there was a backlog of more than 328,000 business rate appeals at the Valuation Office Agency (VOA), which calculates business rates and _ Read more
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