Pensioners warned over HMRC error

Thousands of pensioners are due to receive an unexpected tax bill after HM Revenue and Customs (HMRC) made an error when calculating their tax code.  To find out more...Pensioners warned over HMRC error

Cameron to launch StartUp Britain scheme for entrepreneurs

A new scheme aimed at encouraging would-be entrepreneurs to start up their own business will be unveiled by the Prime Minister later today.  To read more...Cameron to launch StartUp Britain scheme for entrepreneurs

Savers 'overlooked by Budget'

Saving groups have expressed their disappointment following the Chancellor's Budget on Wednesday.  To read more...Savers 'overlooked by Budget'

Corporation tax to be cut by 2% from April

The main rate of corporation tax will fall by 2% from April before reaching 23% by 2014, the Chancellor has announced.  To find out more...Corporation tax to be cut by 2% from April

Chancellor presents 'a Budget for growth'

Chancellor George Osborne heralded his second Budget as one 'for enduring growth and jobs'. Despite downgrading the economic growth forecast for 2011 from 2.1% to 1.7%, the Chancellor insisted that the Government's fiscal plans were on course.  To read more...Chancellor presents 'a Budget for growth'

Osborne to raise income tax threshold in 'pro-growth Budget'

The personal income tax allowance will rise by £600 from next April, the Chancellor will announce in today’s Budget.  To find out more...Osborne to raise income tax threshold in 'pro-growth Budget'

Chancellor tipped to unveil plans for NI and income tax merger

Plans to merge national insurance (NI) and income tax could be unveiled in tomorrow's Budget, it has been reported.  To find out more...Chancellor tipped to unveil plans for NI and income tax merger

Health and safety regulations 'to be relaxed'

The Government will today outline plans to relax health and safety regulations to help reduce the 'red tape burden' on UK businesses and encourage economic growth.  To read more...Health and safety regulations 'to be relaxed'

Small firms to be given 'three-year exemption from new laws'

Small firms with fewer than 10 staff will be given a three-year moratorium on new employment regulations under plans to be unveiled by the Government.  To read more...Small firms to be given 'three-year exemption from new laws'

Fuel duty rise would 'stifle economic growth', says FSB

The Federation of Small Businesses (FSB) has urged the Government to reverse next month's increase in fuel duty amid fears that it will stifle economic growth.  To read the article...Fuel duty would 'stifle economic growth', says FSB

Middle income families 'will struggle to pay debts,' warns CCCS

Tax and benefit changes, coupled with job losses and rising interest rates, could leave many middle income families struggling to repay their debts, a charity has warned.  To read the article...Middle income families 'will struggle to pay debts,' warns CCCS

Government 'considering maternity leave exemptions for small firms'

Small businesses could benefit from changes to the maternity and paternity rules as part of a major 'deregulation drive' by the Government, according to recent reports.  To read more...Governmnet 'considering maternity leave exemptions for small firms'

Treasury 'missing out on £16bn in unpaid tax'

HM Revenue and Customs (HMRC) and Companies House have failed to collect around £16 billion in taxes after thousands of firms 'disappeared' from their radar, a new report has claimed.  To find out more...Treasury 'missing out on £16bn in unpaid tax'

Small business taxation needs 'major structural change'

The Office of Tax Simplification (OTS) has called for 'major structural change' to small business taxation following a review into the future of the tax and IR35 system.  To read more...Small business taxation needs 'major structural change'

Report calls for public pensions shake-up

Those in the public sector should work for longer and pay more for their pension as part of a major overhaul of the current system, a new report has stated.  To read more...Report calls for public pensions shake-up

Companies reminded of corporation tax changes

UK companies are being alerted to the forthcoming changes to corporation tax filing and payment.  To find out more...Companies reminded of corporation tax changes

New 'enterprise zones’ to ‘boost UK economy'

New 'enterprise zones' are to be set up throughout Britain to help boost economic growth, the Chancellor George Osborne has announced.  To read more...New 'enterprise zones' to 'boost UK economy'

Cameron pledges to fight 'enemies of enterprise'

The Prime Minister David Cameron has pledged to remove the 'barriers to growth' and fight the 'enemies of enterprise' ahead of the upcoming Budget.  To read more...Cameron pledges to fight 'enemies of enterprise'

Pension Planning for Tax Mitigation 2010/11

Please click here to read our latest factsheet on Pension Planning for Tax Mitigation 2010/11.  If you would like to discuss any of these issues please contact us as soon as possible.

Planning for Tax Mitigation 2010/11

Click here to read our factsheet about Planning for Tax Mitigation 2010/11.  If you would like to discuss any of the issues raised in this factsheet, please contact us as soon as possible.

OTS publishes final recommendations on UK tax reliefs

Tax-free luncheon vouchers and relief on late night taxis are just some of the allowances that may be culled following a report by the Office of Tax Simplification (OTS).  To read more....OTS publishes final recommendations on UK tax reliefs

New fuel rates published as petrol prices climb to record high

HM Revenue and Customs (HMRC) has issued new fuel advisory rates, which apply to all relevant journeys made on or after 1 March 2011.  To read more...New fuel rates published as petrol prices climb to record high

Business voices concerns over proposed HMRC spot checks

The Federation of Small Businesses (FSB) has warned that proposed spot checks on company records could be used purely as a 'revenue raising exercise' by HMRC.  To read the rest of the article...Business voices concerns over proposed HMRC spot checks

Disappointing GDP figures highlight 'need for growth Budget'

Business groups have called for the upcoming Budget to focus on growth following the release of worse than expected GDP figures.  To read the rest of the article....Disappointing GDP figures highlight 'need for growth Budget'