Business management

Business record checks could be expensive for smaller firms

Plans by HM Revenue and Customs (HMRC) to scrutinise the record keeping of smaller firms could prove costly for many enterprises, it has been claimed.

Older workers forming larger part of the workforce

Older workers are making up an increasing proportion of the UK workforce, new official figures have suggested.

Business group queries new proposals for checking firms’ records

A leading business group, the Federation of Small Businesses (FSB) has expressed its concerns that proposed new rules from HM Revenue and Customs (HMRC) on spot-checking company records runs the risk of being used as an exercise in raising tax revenues.

Firms to get letters on NIC holiday tax returns

HM Revenue and Customs (HMRC) has said that employers who have successfully applied to join the Government’s NIC holiday scheme should be getting a paper national insurance return in the post during March.

HMRC announces changes to SAYE share option scheme bonus rates

The bonus rates that apply to Save As You Earn share option schemes have been changed, HM Revenue and Customs (HMRC) has said.

Business groups welcome delay to time to train rules

Business organisations have applauded the Government’s decision to delay the introduction of new rules on the right of employees to request time off work to train.

Sickness absence system to be reviewed

The Government has announced that the current employee sickness absence system is to be subject to a comprehensive review.

Proposed employment laws will add to business costs

A range of new employment laws that are due to be introduced over the next few years could cost UK businesses as much as £22.87 billion, the British Chambers of Commerce (BCC) has claimed.

HMRC launches new PAYE tools

HM Revenue and Customs (HMRC) has introduced new online PAYE tools to help employers run their payroll systems.

Tax bodies express disappointment over go ahead for new accounts format

Tax professionals have voiced their disappointment at the Government’s decision to press head with the introduction of the new iXBRL system for filing company accounts.

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