Headlines

	Thousands Rise To Red Tape Challenge Thousands of businesses are taking up the government’s challenge to comment on more than 21,000 rules and regulations that affect their lives. more
	US Offers Tax Disclosure Opportunity American citizens and green card holders living in the UK are required to file annual tax returns and other information to the Internal Revenue Service (IRS). more

Accounting News - May 2011

Government Says No To Early Access to Pension Savings

The government has decided to rule out further consideration of early access to pension savings for the time being. more

Regional Growth Fund Set To Boost Job Creation

More than 100,000 new jobs are set to be created and safeguarded under government plans to invest £450 million in businesses across England. more

New Minimum Wage Rates Set

The government has accepted the independent Low Pay Commission’s (LPC) recommendations for this year’s National Minimum Wage (NMW) rates. more

Don’t Forget To PAYE on Time, Says HMRC

HM Revenue & Customs (HMRC) has issued a reminder on due dates for PAYE payments made electronically. more

New Late Filing Penalties in Place

Taxpayers could find themselves paying a high price for submitting late tax returns under a new penalty regime introduced in April. more

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