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Offshore tax claim back gets the go ahead
28 January, 2010
The High Court has given the HMRC the go ahead to claim back millions from UK residents who have their money in tax-haven offshore trusts whether or not they were set up many years ago. The legislation has been introduced with retrospective effect.
Employers are being warned to act sensibly with regards to snow absenteeism
09 January, 2010
In recent reports business groups have predicted that the cost of absenteeism, due to the snowfall in the last few days, could be costing up to £2 billion.
Mandelson sets broadband tax plans in motion
08 January, 2010
The 1 billion-pound Next Generation broadband fund, part of last year’s Labour's Digital Britain agenda, will be paid for by levying 50p per month on all fixed telephone lines.
Only 10,000 used the offshore tax amnesty before expiry date
07 January, 2010
Treasury's Stephen Timms confirmed that just 10,000 have used its latest offshore tax amnesty known as the New Disclosure Opportunity, which expired on January 4.
The Bank of England will hold interest rates at 0.5% until election
07 January, 2010
The Bank of England recently announced its decision to keep interest rates at 0.5% and to continue its programme of asset purchases to £200bn.
Tax Return Self-assessment deadline 31st January
04 January, 2010
Contractors and freelancers who have not submitted their self-assessment tax returns to the HMRC had better do so now as the 31 January deadline is approaching fast.
Financial statements 57% longer than in 2005
26 November, 2009
Audited financial statements presently average 47 pages, which according to a Deloitte’s report is 57% higher than in 2005.
Will new rules make bankruptcy too easy?
25 November, 2009
A recent announcement made by the government says that in the near future debtors will be able to apply for bankruptcy on-line or by post, thereby bypassing the court system.
Female freelancers to play a vital role in economic comeback
24 November, 2009
Women Unlimited, the UK’s fastest growing organization focused on supporting women business owners, is calling out to the UK's female entrepreneurs to ‘be extraordinary’.
ICAEW want public deficit to top the pre-budget report
24 November, 2009
ICAEW have said that the public deficit should be at the top of the pre-budget report.