Employers to get online help with new pension rules

The Pensions Regulator has issued guidelines for employers on how to deal with the upcoming new mandatory workplace pension scheme. Under the scheme, which rolls out between October 2012 and September 2016, all employers will eventually be required to automatically enroll their employees into a pension scheme (except where workers are already part of a[…]

Making tax simpler for smaller firms

The Office of Tax Simplification (OTS), the independent body set up by the Government to streamline business tax, has put forward two new proposals to help smaller firms cope with their taxation obligations. The first focuses on disincorporation for small companies. The second consultation document looks at the way that small firms calculate their profits.[…]

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Government aims to boost small business investment

Encouraging business investment is central to Government efforts to re-balance the economy, which is why the Treasury is holding a consultation on ways and means of increasing the level of funds that are put into smaller enterprises with good growth potential. The consultation will look at how Enterprise Investment Schemes (EIS) and Venture Capital Trusts[…]

How to go about integrating income tax and NI

Many businesses regard the management of tax issues as a major commitment of their administrative resources. To help ease the burden, the Government is looking at possible ways of merging the two tax systems – income tax and national insurance  –with which employers must work. To that end, it has asked for the thoughts of[…]

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Turbulence everywhere

The ongoing concern with regard to the national debt crisis in Europe and America continues to reverberate. The escalation of debt during the past twenty or more years finally appears to be coming home to roost. With markets at the beginning of last month in freefall the possibility of a double dip recession has again[…]

Tax and Your Company

Tax and your company: the year ahead  Managing a company always presents challenges, and the forthcoming year while offering opportunity to some business owners will be challenging for many as we face continued public sector cuts and tax increases. Financing and cash flow are already proving difficult for many businesses, even some of those benefitting[…]

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Safeguarding your estate

This 2011/12 guide is intended to help you and your estate planning. That you should leave something behind for loved ones is a gratifying thought, whatever the size of your estate. If your assets exceed £325,000 (including any gifts you have made in your last seven years), your legacy could be diminished by a 40%[…]