Accounting News - December 2012

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The Autumn Statement 2012

The chancellor, George Osborne presented his Autumn Statement on 5 December 2012, he has been forced to continue austerity measures but advised that Britain is ‘on the right track’. more
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‘Real time’ PAYE rules eased for some employers

HM Revenue & Customs (HMRC) is to give some employers extra time to submit PAYE data in real time. Real Time Information (RTI) reporting of PAYE information will take effect in April 2013, when employers will need to start sending PAYE information electronically to HMRC, either on or before the date the payment is made. more

Businesses urged to bid for skill boosting cash

Businesses across the country are being urged to bid for a share of a £150 million pot to create the training schemes they need to grow their companies. more

Most auto-enrolled workers ‘will stay in’

New government figures suggest most people will stay in pension schemes under the new automatic enrolment initiative. more

Trade mission highlights Russian opportunities

British firms are being urged to explore new trade opportunities with the UK’s fastest growing major export market. more

Red tape costs to be cut faster

The costs of red tape on business will be slashed at twice the present rate from January 2013, the government says. more

Flexible leave ‘good news for employers’

The government has announced reforms that will allow parents to share up to a year's leave after the birth of a child and described them as “good news” for employers. more

New VAT certificates ‘may be on way’

HM Revenue & Customs (HMRC) has warned businesses registered for VAT that they may receive a new certificate they are not expecting. more

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