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Company news

Tax authorities warn of bank account changes

HM Revenue and Customs (HMRC) has reminded taxpayers of changes to its bank account.

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Reminder on tax credits

HM Revenue and Customs (HMRC) has issued a reminder that anyone wishing to claim tax credits must do so by 31 July.

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Reminder on expenses and benefit forms

Employers are being prompted to make sure that they file their 2010/11 forms P11D, P11D(b) and P9D by the 6 July cut-off date.

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Employers urged to remember filing changes

Employers are being reminded of the importance of filing their annual returns on time.

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New minimum wages rates

The national minimum wage hourly rate for adults is to climb to £6.08 in October 2011.

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Business news

UK inflation falls to two year low

Inflation fell to its lowest level since February 2010 in April, the latest figures from the Office for National Statistics (ONS) show.

Northern Ireland fares worst in UK for retail performance and shop vacancies

The number of shoppers in Northern Ireland fell by 4.7 per cent in the three months to April, figures from the British Retail Consortium (BRC) have shown.

EU trends show corporate and personal tax rates are on the up

The average standard VAT rates in the European Union's 27 countries have risen dramatically since 2008, a new report into taxation trends by the European Commission has found.

Think tank urges for single 30% income tax rate

A new single income tax rate of 30 per cent should replace and abolish eight different taxes, a report by a Government think tank has said.

Committee report sceptical of length of apprenticeships

MPs have criticised the length of apprenticeship programmes after a report found a fifth of apprenticeships lasted for six months or less.

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