News
National Minimum Wage Increases - 02/04/2008 The National Minimum Wage will rise to £5.73 (£5.52) an hour in October 2008.
Entrepreneurs' Relief Draft Legislation - 02/04/2008 In the Pre-Budget Report last October Chancellor Alistair Darling announced a series of changes to the capital gains tax (CGT) regime for individuals and trustees.
Update On Residence And Domicile - 02/04/2008 The government will implement a package of reforms announced in the 2007 Pre-Budget Report subject to certain changes. The measures will take effect from 6 April 2008.
‘Income Shifting’ Legislation Delayed - 02/04/2008 The introduction of the proposed legislation on ‘income shifting’ has been delayed until April 2009.
Online Submission Of Employers Forms - 02/04/2008 The employers annual returns P35 and P14 (P60) are due for submission to HMRC by 19 May 2008.
Reduced Rate For Smoking Cessation Products - 02/04/2008 A reduced 5% VAT rate for ‘over the counter’ sales of smoking cessation products was introduced from 1 July 2007 for a period of one year only.
Implementation Date Change For Rights During Maternity Leave - 02/04/2008 Following changes being made to the Sex Discrimination Act and, later this year, to the Maternity and Parental Leave Regulations, the law on contractual terms of employment during Additional Maternity Leave (AML) is due to change in respect of women whose babies are due on or after 5 October 2008.
In Year Online Filing Of Employer Returns - 02/04/2008 HMRC have issued some additional guidance on filing in year forms online. The guidance concerns online submission of forms P45 and P46.
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