Accounting News: September 2011
SMEs access to equity finance eased
Small businesses are set to be able to access equity finance more cheaply and effectively with early changes to European regulatory measures.
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Capital allowances loophole closed
The government has bought forward the closure of a loophole that allowed businesses to accelerate capital allowances claims for plant and machinery and obtain advantageous early tax relief.
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New guidance issued on distance selling
The Office of Fair Trading (OFT) has launched a new online resource to help businesses comply with the law when selling goods and services at a distance, such as website or mail order sales.
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Retailers warned over online security
Businesses have been urged to do more to protect customers’ data after hackers were able to access the payment details of thousands of customers of cosmetics and toiletries retailer Lush.
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Rule change on agency workers’ rights looms
New rules affecting employers who take on agency and temporary workers will take effect from 1 October 2011.
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NHS worker on sick leave for a year entitled to holiday pay
The Employment Appeal Tribunal (EAT) has found in favour of an NHS employee, ruling that she was entitled to payment in lieu of holidays she had been unable to take while on sick pay for a year.
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Research highlights cookie law non-compliance
New research has highlighted the potential scale of organisations and businesses failing to comply with EU directives on downloading cookies.
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