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Contact Us Business News - October 2011
From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:
HMRC criticised over tax amnesties
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HMRC has hit back at suggestions that tax amnesties, such as the deals reached recently with Switzerland and Luxembourg, could help criminals gain respectability. |
Calls made for simpler SME financial reporting
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The Financial Reporting Council and the Department for Business, Innovation and Skills (BIS) have published a joint missive calling for annual accounts for the smallest businesses to be simplified in order to cut red-tape for micro-entities. |
Three-fold increase in tax scam emails
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HM Revenue and Customs say the number of scam "phishing" emails has increased by more than 300% over the past year. |
New Agency Worker Regulation (AWR) comes into affect
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The Government has introduced new Agency Worker Regulation (AWR) changing the way businesses introduce new staff on a short term basis. |
2,250 tax inspectors in super rich crackdown
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A crack team of more 2,000 tax inspectors is to be set up by HM Revenue and Customs to target tax avoidance and evasion. |
Small businesses fail to check credit scores
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A survey of nearly 700 small businesses has found that more than 71 per cent did not check their customers' credit status. |
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