Monthly Archives: April 2011

The CBI has welcomed the Government’s pledge to introduce a phased reduction in corporation tax to just 24 per cent but wants to see more done to ease the tax burden on businesses, large and small. In its submission to … Continue reading

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Government spending might be on the slide, but public sector contracts still represent a huge amount of potential business each year. The only problem is that many smaller firms simply get snowed under (or put off applying completely) by the … Continue reading

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The Government has announced that the current employee sickness absence system is to be the subject of a comprehensive review. The main remit of the review will be to examine how the system can be reformed so that more people … Continue reading

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One of the continuing complaints of British firms is the level of red tape they face, and the time and resources that complying with the rules take up. There has, however, been some good news on the employment law front. … Continue reading

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HMRC has issued new guidelines on the recent changes to the tax relief available on pensions. As part of the changes, the annual allowance for tax relief on pensions has been cut from £255,000 to £50,000 for 2011/12. The annual … Continue reading

Posted in Pensions, Tax | Comments Off

Plans by HMRC to scrutinise the record keeping of smaller firms could prove costly for many enterprises, it has been claimed. In its response to HMRC’s consultation on the proposals, the Institute of Chartered Accountants of Scotland (ICAS) said that … Continue reading

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