Below are news that we publish on a regular basis, click read more to read the full news article. If you have an RSS reader please click here to add our news.
In this issue we cover a variety of employment matters including the rise in National Minimum Wage rates from October, as well as other topical matters, such as the latest news on Furnished Holiday Lettings.
George Osborne described his first Budget as ‘the unavoidable Budget’ in which spending cuts outweighed tax increases by a ratio of 77% spending cuts to 23% tax increases.
We now have a coalition government between the Conservative and Liberal Democrat parties, which is expected to adopt tax policies from both constituent parties. The coalition agreement statement contains a brief note on tax issues. So what changes can we expect to see?
This month’s enews contains several employer related articles following the end of the tax year. With a General Election looming we will of course update you on any forthcoming changes. Who knows what the following month will bring with the various parties and their election promises.
With the country likely to go to the polls on 6 May, Mr Darling’s third Budget was predictably as much a political exercise as a conventional set of announcements. While many of the measures had been set out in last December’s Pre-Budget Report, there were also some surprises. These included the increased stamp duty land tax rate on residential property over £1 million from 6 April 2011 and the doubling of capital gains tax entrepreneurs’ relief to £2 million only two years after its introduction.
This month’s enews is dominated by the Budget. With the General Election looming, Alistair Darling had some significant announcements to make which are set out below. We also report on other news including changes to the rules on VAT payments and the introduction of ‘Fit notes’.
In this month’s enews, as the profession recovers from the 31 January 2010 self assessment deadline, we advise you of the latest news including the record number of returns filed online and the latest inflation figures.
SI 2009/1801 “The Overseas Companies Regulations” come into force on 1 0ctober 2009. They replace the previous regime contained in Part 23 and Schedules 21A to D of the Companies Act 1985.