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Government Announcements

Spotlight - Government Announcements

Marriage tax break may help balance loss of child benefits

There has been speculation that the government may reinstate tax breaks for more married couples as a way of offsetting plans to scrap child benefit payments for higher earners.

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Growth plans required as well as cuts

Business groups have emphasised that cuts in government spending are not enough by themselves to encourage economic recovery.

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PAYE reforms will need time and money

Government plans to introduce far-reaching changes to the PAYE system are worth exploring, the Chartered Institute of Taxation (CIOT) has said, but will involve substantial amounts of time, money and attention to detail if they are to work.

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HMRC to stop sending out NIC cards

As part of its cost saving programme, HM Revenue and Customs (HMRC) has announced that it is to stop issuing plastic national insurance cards.

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Fuel duty increase will hinder growth, says AA

The latest rise in fuel duty could have an adverse impact on the recovery, motoring organisation, the AA, has claimed.

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Employers to be named on minimum wage breaches

Firms that flout the rules on the national minimum wage will be publicly named, the government has announced.

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Concerns raised over new business regulations

As the 2010 Equality Act comes into force, a leading business group has expressed worries over the effect that new business regulations will have on the ability of the private sector to create jobs and drive the recovery.

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Give local banks freedom to lend, says business group

Too many firms are being denied credit even though they have full order books, and local banks should be given greater discretion when it comes to lending decisions, the Forum of Private Business (FPB) has argued.

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Forthcoming austerity measures hit consumer confidence

Concerns over the likely impact of government spending cuts are having an adverse effect on consumer confidence, a new report has revealed.

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