News Archive
Date Posted: 2008-09-17
Title: HBOS confirms Lloyds merger talks
HBOS has confirmed it is in advanced talks with Lloyds TSB about creating a UK retail banking giant worth £30bn. The government has also said it will overrule any concerns that competition authorities may raise, BBC Business Editor Robert Peston said ...Read More
Date Posted: 6th October,2007
Changes to VAT invoicing
Businesses selling to business customers in other Member States and/or those who use Margin Schemes or Tour Operators' Scheme in the UK.More
Date Posted: 6th October,2007
New national minimum wage rates
From 1 October 2007, new national minimum wage (NMW) rates will come into force. The NMW applies to nearly all workers and sets hourly rates below which you must not allow pay to fall.More
Date Posted: 6th October,2007
Increasing the statutory holiday entitlement
From 1 October 2007, the statutory minimum annual holiday entitlement will rise from 4 weeks (20 days for those working a 5 day week) to 4.8 weeks (24 days).More
Date Posted: 6th October,2007
All trade mark holders and applicants
From 1 October 2007, new trade mark applications will no longer be automatically blocked if there is an earlier conflicting mark. It will instead be for the owner of the earlier mark to block it.More
FAQ: Companies Act 2006
When will it be possible for a company to be relieved from the statutory obligation to allow anyone access to its register of members?
Once a company has filed an Annual Return made up to a date after 30 September 2007, it will be subject to the 2006 Act’s provisions relating to access to its register of members.More
The Offshore Disclosure Facility
Who can use this facility?
This facility is open to those who hold or have held, either directly or indirectly, an offshore account that is in any way connected to a loss of UK tax and/or duties.More
New Proposal by the European Commission
In July 2007 the European Commission published proposals to make important changes to the legal rules on accounting and auditing for small and medium-sized companies (SMEs). More
New Smoking Rules
From 1st of July 2007 virtually all enclosed public places and workplaces in England will become smokefree. A smokefree England will ensure a healthier environment, so everyone can socialise, relax, travel, shop and work free from secondhand smoke.More
VAT Application Delays
HMRC have announced that there are delays with the processing of both online and paper VAT registration applications. More
Individuals Not Domiciled in the UK
HMRC has issued the following note concerning individuals who are not domiciled in the UK (or are not ordinarily UK resident) and what they need to consider.More
Offshore Disclosure Facility
HMRC has recently obtained information about holders of offshore accounts from a number of banks and has obtained similar details through the European Savings Directive.More
New Patent Plan Launched Across The EU
The lack of simple procedures for securing patent protection across all 27 EU member's states has long been regarded as a major weakness in the single market.More
New Company Law
The Companies Act 2006, which received Royal Assent on 8 November 2006, will bring major benefits to business by modernising and simplifying company law. As part of the implementation of the Act, some provisions are being commenced early in 2007.More
Managed Service Companies
Legislation is to be introduced with effect from 6 April 2007 affecting how workers providing their services are taxed.More
VAT Reverse Charge
The UK has finally been given approval by the EU to introduce reverse charging of VAT to disrupt carousel fraud.More
Worker's holiday's rights
By law, a worker is entitled to four weeks' paid annual leave - known as statutory leave. This is a minimum entitlement.More
