The Autumn Statement 2014

The Autumn Statement 2014

The pre budget statement was read, with George Osborne announcing some key changes. Osborne stated that the Uk is fastest growing economy; higher growth, lower unemployment and falling inflation. Business investment risen by 27%. The chancellor wants to support businesses that create jobs and apprenticeships. There was a big mention of crack down of tax…

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The 2013 Autumn Statement

The 2013 Autumn Statement

The Chancellor George Osborne delivered his Autumn Statement to Parliament. This sets out how the government will continue to secure the public finances, support families with their costs, help businesses to grow and equip young people with the skills they need to succeed. The Autumn Statement reinforced the government commitment to the long-term economic plan…

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Business red tape - Cuts and regulations

Business red tape – Cuts and regulations

Published twice a year, the Government’s Statement of New Regulations details all regulations – including EU measures – due to come into effect over the following six months. As part of the Government’s ongoing drive to reduce the red tape burden on businesses, July’s statement introduces 11 measures: five de-regulatory measures; three new measures which…

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RTI rules eased for SMEs

RTI rules eased for SMEs

The shifting of the PAYE system to Real Time Information (RTI) is well underway, with nearly 1.4 million employers now reporting their employee PAYE information to HMRC before, or on, the date that payments are made. This translates to 83 per cent of small and medium sized enterprises (SMEs). However, SMEs have been granted some…

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VAT Update

VAT Update

We take a look at recent developments with VAT. After last year’s controversies regarding VAT on such things as pasties, caravans, self-storage and listed buildings, this has been a fairly quiet year so far regarding VAT changes. The 2013 Budget provided the usual announcements about the new registration and deregistration thresholds from 1 April 2013…

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