Category : News

Employers offered flexible timescales for pension auto-enrolment As businesses prepare for the introduction of automatic pension enrolment, the Pensions Regulator has confirmed that employers will be able to bring forward their staging date. Companies with 120,000 or more employees had …

Revenue issues May Day alert for tax returns HM Revenue & Customs (HMRC) is reminding taxpayers who have not yet filed their 2010/11 tax returns online that they must do so before 1 May, or face a series of daily …

Employers reminded of annual return deadline Employers are being urged to file their annual return (P35 and P14s) by 19 May or risk incurring a penalty. HMRC has issued an urgent reminder ahead of the impending deadline, along with advice …

Full consultation for controversial charity tax relief changes The Government will launch a consultation this summer on its controversial plans to cap tax relief on charitable donations. Downing Street said it was considering ‘various’ ways that it could introduce a …

Employers begin testing new Real Time Information system The first tranche of employers have begun testing the new PAYE Real Time Information (RTI) system, HM Revenue & Customs (HMRC) has confirmed. 10 firms are currently participating in the pilot, with …

Big Society investment fund launched The Government has launched a new financial institution – Big Society Capital – aimed at financing charities and community groups. The fund has a total of £600m, with Barclays, Lloyds, HSBC and RBS contributing £200m, and a …

Government seeking replacement for final-salary pensions A new type of pension scheme could be introduced as part of Government plans to find a replacement for final-salary schemes, it has been revealed. The Pensions Minister, Steve Webb, has confirmed that the …

Charities criticise plans to cap tax relief on charitable donations Plans to restrict tax relief on charitable donations could lead to a fall in philanthropic gifts, according to some of the UK’s leading charities. The warning follows the Chancellor’s decision …

Tougher standards introduced for apprenticeships New standards will come into force from August 2012, meaning that apprenticeships for all age groups will last for a minimum of 12 months. It had been announced in December that all apprenticeships for 16-18 …

Stamp prices set to rise The cost of a first class stamp is due to rise from 46p to 60p, while second class stamps are going up from 36p to 50p. The move follows a decision by the communications watchdog, …