Accounting News: April 2011
Round-up of Budget Reaction
Chancellor George Osborne delivered the 2011 Budget on 23 March, saying he intended to “put fuel into the tank of the British economy”. With the implications of the Budget still sinking in, this round-up of some key points also looks at the response to the measures.
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Online Filing Plans Under Fire
Government plans to impose online filing on all the main businesses taxes have been criticised by tax campaigners.
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Cable Plans Shake-up of Audit Rules
Business Secretary Vince Cable says the government will remove audit requirements from thousands of smaller businesses.
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HMRC Seeks Views on Website
HM Revenue & Customs (HMRC) has launched an online survey of its website, www.hmrc.gov.uk.
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R&D Brings Tax Benefits
Thousands of companies are benefiting from research and development (R&D) tax credits, according to new figures from HM Revenue & Customs (HMRC).
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Businesses Offered Chance to Slash Red Tape
Businesses are being urged to get involved in government moves to reduce the burden of red tape.
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Employers Set to Say ‘You’re Hired’ to More Apprentices
Business organisations have welcomed plans, announced in the March Budget, to increase the number of apprenticeships over the next four years.
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HMRC Told ‘Go Back to Drawing Board’ on Record-Keeping Drive
A proposal by HM Revenue and Customs (HMRC) to start making large-scale checks of business records before relevant tax returns are submitted is misguided, according to the Chartered Institute of Taxation (CIOT).
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