Financial eNews
Real Time Information
HMRC are advising that over 1,300 employers will join the Real Time Information pilot between now and September 2012.
Read article The Tax Return Initiative
Higher rate taxpayers who have failed to submit tax returns are being offered the opportunity to come forward and pay up under a time limited HMRC campaign.
Read article End of Employment Settlement
The CBI have commented on the Business Secretary, Vince Cable's plans to introduce simplified settlement agreements, designed to enable employers and employees to agree mutually acceptable terms for ending employment.
Read article No cap on reliefs for charitable giving
Following representation from interested parties the government has announced that it no longer intends to proceed with the proposed capping of some tax reliefs including charitable giving.
Read article No VAT increase on pasties
In the Budget it was announced that the government proposed to charge standard rated VAT on certain hot food items such as pasties.
Read article P11D deadline looming - avoid rejections
HMRC are reminding employers that the forms P11D, P9D and P11D(b) which detail expenses and benefits provided to employees for the tax year 2011/12 are due for submission to HMRC by 6 July 2012.
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