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March 2012
New taskforces planned to target tax cheats
HM Revenue & Customs (HMRC) is to launch 30 new taskforces to crack down on tax dodgers in 2012-13.
‘Avoid early release pension offers’ warning
Consumers have been urged to steer clear of offers that claim to be able to provide loans or release tax-free cash from people’s pension pots before they reach the age of 55.
Penalties on way for late tax returns
Almost one million taxpayers will receive a penalty for filing their tax return late, but the figure has fallen substantially on last year.
£1bn boost for business growth
An extra £1 billion has been set aside by the government to help businesses to grow and create new jobs.
New lenders join SME loan scheme
Four new lenders have been accredited to offer loans to small businesses under the Enterprise Finance Guarantee (EFG) scheme, the government has announced.
IHT relief on businesses ‘safe’
Family business owners have been reassured that the government has no plans to remove a valuable inheritance tax relief.
HMRC to rethink business record checks
HM Revenue & Customs (HMRC) has announced a fresh approach to its business records checks (BRC) programme in 2012, following a review of a pilot for the scheme.
Red tape cuts ‘saving businesses £4m’
A new government report says that British businesses will benefit from around £4 million in cuts in regulation between January and June 2012.
