Our Latest News
- PAYE errors mean billions in under- and overpaid tax
As many as six million people may have paid incorrect amounts of tax and national insurance through the PAYE system.
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- Government confirms launch of NIC holiday scheme
The government has announced the introduction of its national insurance contribution holiday for start-up firms in certain areas of the UK.
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- Pre-Budget Report to be 'dropped'
The government is likely to axe this year’s pre-Budget Report, according to press reports.
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- New pension tax relief plans receive qualified support
Government plans to simplify pensions tax relief have won qualified backing from the Chartered Institute of Taxation (CIOT).
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- Small businesses urged to comply with the law on pay
Smaller firms are being encouraged to examine their pay systems to make sure they are not breaching the law on equal pay.
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- Employers should update HMRC payroll systems
Employers who use HM Revenue and Customs’ employer CD-ROM with which to manage their payrolls are being advised to update it as soon as possible.
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- UK debt needs long-term fiscal reform
The UK’s debt compared with gross domestic product could almost double from its 2007 levels by 2015, the International Monetary Fund (IMF) has said.
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- Consumers overestimate VAT hike
Consumers believe that the forthcoming VAT increase will add more to shop prices than it actually will, a new study has claimed.
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