Accounting News - March 2012
‘Avoid early release pension offers’ warning Consumers have been urged to steer clear of offers that claim to be able to provide loans or release tax-free cash from people’s pension pots before they reach the age of 55. more Penalties on way for late tax returns Almost one million taxpayers will receive a penalty for filing their tax return late, but the figure has fallen substantially on last year. more £1bn boost for business growth An extra £1 billion has been set aside by the government to help businesses to grow and create new jobs. more New lenders join SME loan scheme Four new lenders have been accredited to offer loans to small businesses under the Enterprise Finance Guarantee (EFG) scheme, the government has announced. more IHT relief on businesses ‘safe’ Family business owners have been reassured that the government has no plans to remove a valuable inheritance tax relief. more HMRC to rethink business record checks HM Revenue & Customs (HMRC) has announced a fresh approach to its business records checks (BRC) programme in 2012, following a review of a pilot for the scheme. more Red tape cuts ‘saving businesses £4m’ A new government report says that British businesses will benefit from around £4 million in cuts in regulation between January and June 2012. more
|
