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Government Announcements

Spotlight - Government Announcements

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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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.

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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.

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New pension tax relief plans receive qualified support

Government plans to simplify pensions tax relief have won qualified backing from the Chartered Institute of Taxation (CIOT).

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NIC tax holiday set to launch

The government is preparing to launch its promised national insurance contribution holiday for start-up firms in certain areas of the UK.

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