Accounting News - July 2012

	Tax Return Initiative offers chance to settle tax bills Higher rate taxpayers who have failed to submit tax returns are being offered the opportunity to come forward and pay up under a time-limited HM Revenue & Customs (HMRC) campaign. more
	‘Good compliance’ the priority on cookies law, says regulator Businesses and other organisations operating websites have been told that regulators want “good compliance, not rushed compliance” with a law requiring them to gain visitors’ consent before logging information about them. more

New fund offers helping hand to young entrepreneurs

Young entrepreneurs are set to benefit from an £80 million-plus fund designed to help up to 30,000 businesses get off the ground. more

UK to get world-class creative tax breaks

The UK’s creative industries are set to benefit from tax reliefs that are among the most generous in the world, according to the government. more

Rules on large redundancies set for shake-up

Proposals that could cut the length of time employers have to consult with their employees on large scale redundancies by up to a third have been published by the government. more

HMRC targets taxi firms and restaurants in new crackdowns

New taskforces have been launched by HM Revenue & Customs (HMRC) in a bid to recover more than £23 million in unpaid tax. more

Anti-abuse tax rules set to include IHT

Inheritance tax (IHT) is set to be included in new anti-abuse rules designed to tackle tax avoidance schemes. more

Markets great place to start a business, says Apprentice star

More than 1,000 people are taking a step towards a new career by booking a start-up market pitch as part of a UK-wide Love Your Local Market campaign. more

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