Get ready for new agency worker regulations

The Government has issued guidelines on how employers should approach the new rules governing the rights of temporary workers. The regulations, which implement the EU Agency Workers’ Directive of 2008, come into effect on 1 October 2011. The rights were agreed between the last government, the CBI and the TUC but had been the subject[…]

Big changes on parental leave

New Government plans will see an overhaul of the regulations governing parental leave following the birth of a baby. At the moment, mothers are allowed six weeks of maternity leave at 90 per cent of their earnings. They can then take another 33 weeks off work at the statutory maternity leave pay of £128.73 a[…]

Single compliance process for tax checks

HMRC has said that it is planning trials which will streamline and simplify the process under which tax compliance checks are conducted. The purpose of the change is to prevent prolonged and expensive inspections that involve several consecutive visits from inspectors over a number of months in order to assess a number of taxes. Businesses[…]

Posted in Tax

Review of the way small business tax works

The Treasury has asked the Office of Tax Simplification (OTS) to look at how the system of tax administration for smaller businesses works. Previous OTS reports suggested that tax administration is a source of uncertainty and complexity for many smaller firms. The new review will examine ways of reducing the administrative burdens of the current[…]

HMRC aiming to target firms that break VAT rules

HM Revenue and Customs (HMRC) has said that it will be launching a campaign to target businesses that are trading above the VAT threshold but have not registered for the tax. The new crackdown is intended to take place later this summer. The initiative is currently being discussed with ‘interested parties’ so that HMRC has[…]

Posted in VAT

Government launches business fund

Encouraging the growth and development of enterprising businesses is a key part of the Government’s plans for re-balancing the economy and spurring recovery. To help improve business access to the sort of finance needed to get new products and services off the ground, the Government has launched its new Business Growth Fund (BGF). The fund[…]

Minimising Your Tax Liability

“We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Winston Churchill No one wishes to pay more tax than is necessary and good tax planning is an essential component in personal financial planning. Every[…]

HR Summer Updates

KEY CHANGES Working Time Regulation to be Revised The Working Time Regulations (WTR) are to be amended to update them in light of case law (such as Pereda and Stringer) which has established that workers unable to take their annual leave because of sickness etc. in the current year must be able to carry it[…]