Blog
Retailers warned over online security
Businesses have been urged to do more to protect customers’ data after hackers were able to access the payment details of thousands of customers of…
New guidance issued on distance selling
The Office of Fair Trading (OFT) has launched a new online resource to help businesses comply with the law when…
Capital allowances loophole closed
The government has bought forward the closure of a loophole that allowed businesses to accelerate capital allowances claims for plant and machinery and obtain advantageous early tax relief. The change was announced on 12 August…
SMEs access to equity finance eased
Small businesses are set to be able to access equity finance more cheaply and effectively with early changes to European regulatory measures. Two amendments to the EU Prospectus Directive have been brought into effect a…
Students urged to save on summer job tax
Students are being reminded that they may not have to pay any tax on the money they make from summer jobs. Many college and university students take on temporary work…
Conciliation service helps to head off more tribunals
Conciliation service Acas helped to prevent more than 13,000 workplace disputes between individuals and their employers from reaching an employment…
Information chief ‘disappointed’ at data protection checks take-up
Businesses should be more willing to undergo data protection audits, says the Information Commissioner. The warning came as figures published in the Information Commissioner’s Office (ICO) showed that private companies…
Businesses offered advice on reducing risk abroad
A new service has been launched to help UK companies learn about the security and business risks in 90 markets when working abroad. The Overseas…
UK leads on foreign investment
A new report has shown that the UK is the top destination for foreign direct investment in Europe and the…
Retail rules to be relaxed in Red Tape Challenge victory
Retailers’ lives are set to be made easier after the government said more than 160 regulations would be simplified or scrapped in the first changes to be introduced through its Red Tape Challenge. The first…
Tax specialists issue PAYE warning
Tax experts say there could be “grave consequences” unless problems with the PAYE system are resolved before the introduction of…
Businesses asked for views on tax and NI merger
The government is asking businesses for their views on integrating the income tax and national insurance contributions (NIC) systems. Its…
Taxpayers hit by HMRC hold-up
Around 500,000 people who complete self assessment tax returns will have to wait longer than normal to find out how much tax they have to pay, HM Revenue & Customs (HMRC) has announced. Some of…
VAT Rule Breakers Targeted
June 2011 HM Revenue & Customs (HMRC) has announced it is to target individuals and businesses who are trading above the VAT threshold but have not registered for VAT in…