Accounting News - November 2012
Families urged ‘be on guard’ for child benefit tax Hundreds of thousands of families are due to receive letters from HM Revenue & Customs (HMRC) in the coming weeks, spelling out how their child benefit could be cut. more Tax relief cap plan ‘anti-business’, say experts Business people on modest incomes are under threat from the government’s proposed cap on income tax relief, tax specialists have warned. more New site replaces Business Link The government’s business information website has been replaced by a new site, designed to make it quicker and easier for internet users to interact with the government online. more Service set to give exporters a Headstart A new service will provide practical support for UK businesses to export to high growth markets in South East Asia. more Fast track option set to cut IP dispute costs A new small claims track has been introduced to the Patents County Court designed to speed up the court process and make it cheaper and easier, particularly for small and medium sized businesses, to protect intellectual property (IP) rights. more The government has reinforced its commitment to closing the “tax gap” as new figures revealed it had shrunk on last year’s figures. more Act now on RTI, warns HMRC chief HM Revenue & Customs (HMRC) has been writing to more than 1.4 million employers to its launch Real Time Information (RTI) awareness campaign. more SMEs face surge in compliance inquiries Compliance investigations into small and medium sized enterprises (SMEs) by HM Revenue & Customs jumped 39 per cent in the last year, according to new research. more
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