Business News - August 2010

Unfortunately, lots of companies go through periods where they are making losses & during these tougher times, there are more than ever. Your accountant, if they are worth their salt, should be helping you to turnaround any loss-making situation, wherever possible. So, what should they be suggesting?

PAYE could be on course for significant change following the launch of a major consultation.

The head of the National Audit Office has criticised HM Revenue & Customs (HMRC) for failing to make enough progress in reducing a backlog of 18.2 million cases where there is potentially overpaid or underpaid income tax.

Businesses need to act now if they have not already registered for online filing of VAT returns.

Chancellor George Osborne has launched a new Office for Tax Simplification (OTS), with the task of identifying areas where complexities in the tax system for businesses and individuals can be reduced.

Time is ticking away for businesses to review their policies and practices to make sure they are in line with the new Equality Act.

New guidance is now available for businesses to help them manage the performance of their workforce more effectively.

New guidance on the fit and proper persons test for managers of charities has been issued.

HM Revenue & Customs has issued a new security warning over an email currently in circulation.