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Business tax

Employers should update HMRC payroll systems

Employers who use HM Revenue and Customs’ employer CD-ROM with which to manage their payrolls are being advised to update it as soon as possible.

NIC tax holiday set to launch

The government is preparing to launch its promised national insurance contribution holiday for start-up firms in certain areas of the UK.

Limited time left for PAYE consultation

Employers have only a few weeks remaining in which to share their views with HM Revenue and Customs (HMRC) on possible changes to the PAYE system.

Smaller employers encouraged to file P45s and P46s online

Smaller firms are being advised to file their P45 and P46 starter and leaver forms online.

Tax system prompted firms to ponder moving abroad

A report compiled on behalf of HM Revenue and Customs (HMRC) found that one in five larger companies looked at re-locating abroad because of the UK’s tax system.

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