Income splitting to be investigated by OTS
The Office of Tax Simplification is to look into the issues surrounding family businesses that split their income in a bid to avoid paying taxes.
Don’t let the cold freeze SMEs out of business says the FSB
The FSB is calling on the coalition and the banks to give small businesses a bit of breathing space so that they can stay afloat over the festive season.
Anti-competitive behaviour condemned by the REC
The REC has been investigating anti-competitive behaviour by 7 recruitment businesses that operate in the construction sector and last Friday it revealed its findings.
Umbrella company contractors owed money from Albany have longer to wait
Umbrella company contractors have put in claims for around half a million pounds worth of unpaid invoices following the collapse of Albany at the beginning of 2010.
HMRC increases revenue from tax evasion cases
A new report from the National Audit Office says that HMRC raised £8.5bn from its investigations into cases of serious tax evasion.
SMEs face a challenging few years
The FPB has warned small firms that they will face a number of challenges over the next few years.
Action is needed before UK talent shortage becomes critical
The government must prioritise the up-skilling of workers in areas where the UK has skills shortages.
Ed Davey visits the REC to discuss industry concerns
Discussions between the government and recruitment bodies regarding the AWR are going ahead as promised.
Will the Finance Bill affect umbrella companies?
Tax experts have applauded the government’s grown up approach towards creating a more stable tax system.
Finance Bill 2011 tackles disguised remuneration
Employee benefit trusts and employment finance retirement benefits schemes are the latest to be targeted in proposed Treasury regulations.
Overseas tax havens may not be as safe as tax evaders hope
Umbrella company contractors and other freelance workers have been warned to be cautious of schemes that claim to be HMRC approved, when really they are referring to the reference number allocated to a scheme.
Interest rates will remain historically low for a bit longer
The Bank of England base rate is to remain at its historically low rate of 0.5%, at least for the immediate future, the Monetary Policy Committee has announced.
