Government Announcements

Spotlight - Government Announcements

EC forecasts stronger UK growth but warns on VAT rise

The European Commission has revised upwards its predictions for economic growth in the EU, but has suggested that the UK’s recovery may be hampered by the decision to increase VAT.

Read more

Changes to minimum wage rates imminent

Employers are being reminded that new national minimum wage rates will be coming into force in October.

Read more

New business regulations to come into effect

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October. There are a number of changes that will be implemented on 1 October 2010.

Read more

Amnesty for some owing tax in PAYE miscalculations

The government has announced that the Treasury will cancel the tax debts of some of people who owe money as a result of errors in the PAYE system.

Read more

Local enterprise partnerships must have weight to be effective

Concerns have been raised that the proposed new local enterprise partnerships (LEPs) may be too small to carry enough influence.

Read more

Decision to cut paper tax copies criticised as 'short-sighted'

Plans by HM Revenue and Customs (HMRC) to cut down on sending tax agents copies of some of the mail which is delivered to clients has been criticised for its lack of foresight.

Read more

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.

Read more

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.

Read more

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.

Read more
Syndicate content