Financial eNews

Pensions Auto Enrolment

From October 2012 the largest employers will have to comply with Pensions Auto Enrolment.

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Real Time Information

HMRC are advising that over 1,300 employers will join the Real Time Information pilot between now and September 2012.

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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.

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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.

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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.

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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.

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