News
General News
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.
‘Thin cap’ rules could cost the HMRC hundreds of millions
24 November, 2009
It has recently been predicted by some leading accountants that a High Court ruling brought against the HMRC by companies that include IBM, Volvo and Siemans could see the taxman paying hundreds of millions of pounds in damages.
A budget within 50 days, promised by David Cameron
22 November, 2009
David Cameron, leader of the Conservative Party has promised an emergency budget within 50 days if they win the parliamentary election as is widely expected.