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Legislation

Small businesses warned to heed Bribery Act

06 July, 2011

One of the main messages that came out of the Lawyer’s first Governance, Risk and Compliance Congress in Brighton this month, was that SMEs must be aware of the Bribery Act.

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Employee benefit changes as of April 2011

09 May, 2011

HM Revenue & Customs (HMRC) is offering employers who have used Employee Benefit trusts ('EBT') (and similar arrangements) the opportunity to resolve outstanding enquiries.

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Bank clearance before Tax payment cheques are registered

09 April, 2010

From the 1st April the HMRC, in an attempt to encourage electronic payments, will not register cheque payments as received, until they have been cleared by the bank.

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Finance Bill 2010

02 April, 2010

The Finance Bill 2010 has been published today, 1 April 2010.

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2010 Budget Key Points

25 March, 2010

Key items from the new budget.

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The final countdown for online VAT submissions

20 February, 2010

As of April 2010 online filing of VAT will be mandatory for businesses with a turnover of £100,000 or more. The same rule will apply to businesses of any size that register for VAT as from April 2010.

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Organisations that fail to protect client information will face tough penalties

18 February, 2010

Fines as high as £500,000 will come into effect after 6th April for those failing to adequately protect personal information and prevent security breaches.

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Will new rules make bankruptcy too easy?

26 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.

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ICAEW want public deficit to top the pre-budget report

25 November, 2009

ICAEW have said that the public deficit should be at the top of the pre-budget report.

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Tax Information Sharing Rules pressed ahead by EU

12 November, 2009

Anders Borg - Minister for Finance will chair the ECOFIN meeting on Tuesday 10 November 2009. One of the key issues to be discussed is the further handling of the financial and economic crisis.

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