Government Announcements

The European Commission has revised upwards its predictions for economic growth in the EU, but has suggested that the UK’s recovery may be hampered by the decision to increase VAT.

Employers are being reminded that new national minimum wage rates will be coming into force in October.

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October. There are a number of changes that will be implemented on 1 October 2010.

HM Revenue and Customs (HMRC) has announced changes to the bonus rates paid on employee savings schemes.

The government has announced that the Treasury will cancel the tax debts of some of people who owe money as a result of errors in the PAYE system.

Syndicate content