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May 2011

It may not be the Olympics but we’re still going for gold!

While the world’s elite athletes are busy preparing for the 2012 London Olympics, we are gearing up for a challenge of our own a little sooner...

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Thousands Rise To Red Tape Challenge

Thousands of businesses are taking up the government’s challenge to comment on more than 21,000 rules and regulations that affect their lives.

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US Offers Tax Disclosure Opportunity

American citizens and green card holders living in the UK are required to file annual tax returns and other information to the Internal Revenue Service (IRS). 

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Government Says No To Early Access to Pension Savings

The government has decided to rule out further consideration of early access to pension savings for the time being.

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Regional Growth Fund Set To Boost Job Creation

More than 100,000 new jobs are set to be created and safeguarded under government plans to invest £450 million in businesses across England.

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New Minimum Wage Rates Set

The government has accepted the independent Low Pay Commission’s (LPC) recommendations for this year’s National Minimum Wage (NMW) rates.

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Don’t Forget To PAYE on Time, Says HMRC

HM Revenue & Customs (HMRC) has issued a reminder on due dates for PAYE payments made electronically.

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New Late Filing Penalties in Place

Taxpayers could find themselves paying a high price for submitting late tax returns under a new penalty regime introduced in April.

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