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Government Announcements

Spotlight - Government Announcements

Economy needs to be released from burden of regulation

The government should adopt a radical approach to reversing the rising tide of red tape that the manufacturers’ organisation, the EEF, says is hampering business growth and investment.

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Press ahead with pension reforms but simplify them, says CBI

The CBI has urged the government to continue with the planned schedule for introducing workplace pension reforms that will see all employees automatically enrolled in a retirement scheme.

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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.

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Changes to minimum wage rates imminent

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

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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.

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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.

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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.

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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.

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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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