Business management

Firms with fewer than ten employees are to benefit from a three-year moratorium on new domestic regulations.

Measures need to be adopted to reduce the level of regulation on smaller firms, the CBI has claimed.

The Chartered Institute of Taxation (CIOT) has given a warm response to the review of small business taxation carried out by the Office of Tax Simplification.

Reforms to the PAYE system are being rushed through at too quick a pace, it has been claimed.

Over two thirds of employers believe that the current employment tribunal system offers them no protection against employees who make wholly unjustifiable claims.

Plans by HM Revenue and Customs (HMRC) to scrutinise the record keeping of smaller firms could prove costly for many enterprises, it has been claimed.

Older workers are making up an increasing proportion of the UK workforce, new official figures have suggested.

A leading business group, the Federation of Small Businesses (FSB) has expressed its concerns that proposed new rules from HM Revenue and Customs (HMRC) on spot-checking company records runs the risk of being used as an exercise in raising tax revenues.

HM Revenue and Customs (HMRC) has said that employers who have successfully applied to join the Government’s NIC holiday scheme should be getting a paper national insurance return in the post during March.

The bonus rates that apply to Save As You Earn share option schemes have been changed, HM Revenue and Customs (HMRC) has said.