Employees

HMRC warns on PAYE penalties

HM Revenue and Customs (HMRC) has said that it is in the process of sending out penalties to those employers who have not yet returned their 2008/09 P11D(b) annual return of Class 1A National Insurance contributions.

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Workers soon to get right to ask to train

Employers are being reminded that new rules on the training rights of employees come into force in April.

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Pension schemes see fall in deficits

The shortfall in the funds held by the UK’s final salary pension schemes has declined significantly.

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Reform regulations and business tax to help 'balance' the economy

The government has been called on to adopt a new approach in order successfully to rebuild and rebalance the UK economy.

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Recovery to be fragile and slower than expected

The British Chambers of Commerce (BCC) has revised its forecast for the UK’s economic recovery, saying that the rate of growth will be slower in 2011 than had been anticipated.

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New business regulations come into effect this April

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October.

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Employers given advice on incorrect staff tax codes

HM Revenue and Customs (HMRC) has updated employers on how actions that are being taken to correct a series of wrong employee tax codes may affect them.

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Business alliance urges scrapping of NIC rise

A coalition of the UK’s leading business groups has set up an internet petition calling for the planned 1 per cent increase in employers’ National Insurance Contributions to be dropped.

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Budget should centre on spending cuts not tax rises

The Chancellor should focus on reductions in expenditure rather than on tax increases when he delivers the final Budget before the next election.

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