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Accounting News: June 2011

VAT Rule Breakers Targeted

HM Revenue & Customs (HMRC) has announced it is to target individuals and businesses who are trading above the VAT threshold but have not registered for VAT in a new drive against rule breakers.

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Cheque Guarantee Card Scheme Closes

The UK cheque guarantee scheme, for businesses and individuals using cheques to make or receive payments, will close on 30 June 2011.

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Tupe Rules Included In Employment Law Review

The government has announced new areas it will consider reforming as part of its ongoing review of employment red tape, including the rules protecting employees’ terms and conditions of employment when a business changes hands.

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Bribery Act Takes Effect On 1 July

Time is ticking away for businesses to make sure they have taken the steps appropriate to their operations to prepare for the Bribery Act, which comes into effect on 1 July 2011.

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Flexible Working Consultation Launched

The Government has launched a consultation on plans to introduce a new system of flexible parental leave from 2015.

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Health And Safety Rules Blocking New Jobs, Says Report

A new report from the British Chambers of Commerce (BCC) says nearly half of employers believe that health and safety rules are making their lives more difficult.

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First Automatic Pension Enrolment Letters Go Out

The Pensions Regulator has started writing to the first employers who will need to automatically enrol employees into a workplace pension scheme to remind them of their new responsibilities.

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New Growth Fund Opens For Business

A new Business Growth Fund (BGF) has been launched to help Britain’s smaller and medium sized businesses with an annual turnover of around £10 million to £100 million.

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To find out more please telephone us on 0161 428 0930 or email at advice@harropmarshall.co.uk.

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