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Government Announcements

Majority of employers not ready for pension reforms

Just 20 per cent of the UK’s smaller employers have started to assess the likely financial impact of planned major reforms to the pensions system.

Savings to get better protection

Savers are soon to enjoy a higher level of protection should the bank, building society or credit union which holds their money go under.

HMRC to look at centralising PAYE tax system

HM Revenue and Customs (HMRC) is considering proposals that would see the tax authority given the power to calculate and deduct PAYE taxes centrally.

Immigration caps may hit UK jobs market

Government plans to limit non-EU migration to the UK could have an adverse effect on the economy, it has been claimed.

HMRC may write off significant sums in tax

HM Revenue and Customs (HMRC) may have to look at writing off £1.5 billion in unpaid tax, it has been claimed.

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