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Business finance

Finance lies at the heart of every business, be it a question of boosting profits, managing costs, ensuring that operations and processes are as efficient as possible, or securing the funds necessary for growth and expansion.
Business finance

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On 1 June 2008, a new version of VATA 94 Schedule 10, covering the option to tax, was introduced in order to bring more clarity and simplifcation to a set or provisions, which had been widely misunderstood and often abused.

No new taxes and a moratorium on regulations, says BCC

The British Chambers of Commerce (BCC) has called on the government not to impose new business taxes and to reduce the burden of red tape in its Budget submission.

Employers to be allowed to issue electronic P60s

Employers will be able to issue P60s in electronic form from the end of the coming tax year, 2010/11.

Simplified de minimis VAT tests for partial exemption

With effect from VAT periods or VAT years starting on or after 1 April 2010, two new, optional de minimis tests will be introduced to save certain partly exempt businesses the need to carry out complicated and time-consuming calculations.

Decision to abolish cheques attacked by MPs

Moves to phase out cheque payments by 2018 have been criticised by the House of Commons Treasury Select Committee.

ISA savers should consider switching accounts despite delays

People with savings in ISA accounts could be missing out on substantial amounts of interest, it has been claimed.

What may the 2010 Budget bring?

A brief preview of what may or may not be in the last Budget before the general election.

Higher fees for new workers’ pension scheme

The government’s plans to establish a workplace pension scheme for lower paid employees have been criticised after it was revealed that people who join initially will have to pay a 2 per cent contribution fee.