Government Announcements

Spotlight - Government Announcements

Businesses should not have to administer pension reforms

Firms should not be expected to assume the role of administrator for the pension reforms that are set to be introduced in 2012, a leading business group has argued.

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PAYE errors mean billions in under- and overpaid tax

As many as six million people may have paid incorrect amounts of tax and national insurance through the PAYE system.

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Government confirms launch of NIC holiday scheme

The government has announced the introduction of its national insurance contribution holiday for start-up firms in certain areas of the UK.

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New pension tax relief plans receive qualified support

Government plans to simplify pensions tax relief have won qualified backing from the Chartered Institute of Taxation (CIOT).

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NIC tax holiday set to launch

The government is preparing to launch its promised national insurance contribution holiday for start-up firms in certain areas of the UK.

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Employers may cut benefits to accommodate auto-enrolment

Employers could reduce the benefits available in workplace pension schemes as a result of plans to introduce auto-enrolment for all workers.

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Limited time left for PAYE consultation

Employers have only a few weeks remaining in which to share their views with HM Revenue and Customs (HMRC) on possible changes to the PAYE system.

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Employers give backing to pension changes

A small majority of employers say they support plans to introduce the automatic enrolment of employees into a workplace pension scheme.

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Intellectual property system to be reviewed

The government is to carry out a review of intellectual property and its value to the UK economy.

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Tax system prompted firms to ponder moving abroad

A report compiled on behalf of HM Revenue and Customs (HMRC) found that one in five larger companies looked at re-locating abroad because of the UK’s tax system.

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