Business News

Cable pledges crackdown on ‘rogue’ directors

30 Sep 2013

Business Secretary Vince Cable has announced plans for reforms to make sure directors face “the strongest possible consequences” if they act improperly. Dr Cable said on 16 September that he planned to introduce legislation, before the current Parliament ended, to

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Landlords offered chance to tidy up tax affairs

30 Sep 2013

Landlords who let residential property, and fail to tell HM Revenue & Customs (HMRC) about all their rental income, are being offered the opportunity to voluntarily put their tax affairs in order. HMRC estimates that up to 1.5 million such

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Employers sent new RTI reminder

30 Sep 2013

Tens of thousands of employers who have failed to start using Real Time Information (RTI) payroll reporting are being urged to take action now. HM Revenue & Customs (HMRC) wrote to around 167,000 employers in September who had missed one

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New tax cheat taskforces launched

30 Sep 2013

HM Revenue & Customs (HMRC) has launched a new wave of taskforces to crack down on tax evasion. The taskforces will visit traders in a range of business sectors and locations across the UK to examine their records and carry

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Online option to protect pension pots

3 Sep 2013

HM Revenue & Customs (HMRC) has launched an online form to help savers protect the most substantial pension pots. The form, launched on 12 August, provides a quick and easy option for certain people to apply for fixed protection 2014

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