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Under provisions contained in the Pensions Act 2008 employee pension enrolment and employer contributions are to be made compulsory.
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HMRC have issued guidance for businesses dealing with the increase in the standard rate of VAT from 15% to 17.5%. The change takes effect from 1 January 2010. They hope that by issuing the guidance well in advance of the change that businesses will have sufficient time to prepare.
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The government has been looking at the best way to address the issue of what they believe is ‘false self-employment’ in the construction industry.
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HMRC have updated their guidance on scam emails as they are aware that a large number of individuals are receiving emails offering tax rebates. HMRC have also confirmed that they would not inform taxpayers of a tax rebate via email, or request that they complete an online form to receive a rebate of tax.
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March 2010 Newsletter
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