Accounting News - June 2012

Government announces U-turns on charity and pasty taxes

Chancellor George Osborne has announced that plans to limit the tax reliefs available to charity donors will now not go ahead. more

Loans service ‘not what struggling businesses need’

A new business lending service from online loans specialist Wonga is not what struggling enterprises need, according to business recovery experts. more

UK firms must prepare for eurozone crisis, say accountants

A leading accountancy organisation has warned that the majority of UK businesses have no contingency plans in place in response to the economic turmoil in the eurozone. more

HSE highlights high cost of equipment testing myth

The Health and Safety Executive (HSE) has launched new guidance on safety testing of electrical appliances, saying that unnecessary checks are costing office-based businesses an estimated £30 million a year. more

Bosses set for end of third party harassment rule

The government is asking employers for their view on plans to scrap legislation that makes bosses liable for harassment of their employees by customers or clients. more

HMRC steps up tax help for bereaved

A new service has been launched to help people who need to sort out tax issues following bereavement. more

New IR35 guidance comes under fire

New HM Revenue & Customs (HMRC) guidance to clarify the risk of contractors being caught by the IR35 intermediaries legislation has been attacked as a missed opportunity. more

Justice reforms good for business, says minister

Justice Minister Jonathan Djanogly has highlighted how the government is helping businesses to “get on with the job” by reforming the justice system. more

 

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