Insider – November 2016
The pension reforms introduced by George Osborne could cost £5 billion and push house prices up in the long term, according to the Office for Budget Responsibility (OBR).
The pension reforms introduced by George Osborne could cost £5 billion and push house prices up in the long term, according to the Office for Budget Responsibility (OBR).
Businesses paid £44.4 billion in corporation tax in 2015/16, according to figures from HMRC.
Employers with 50 employees or fewer will have up to 100% of their apprenticeship training costs funded by the government.
A system to allow businesses to check and appeal business rates bills has been announced. The aim is to ensure that disputes are settled more promptly.
Businesses will need to submit their tax and financial information quarterly using software that's compatible with HMRC's systems.
Keeping people with significant control registers It is now a legal requirement for companies and limited liability partnerships (LLPs) to keep a people with significant control (PSC) register from 6 April 2016.
Many charities are unaware of their reporting obligations with 1 in 5 having submitted the wrong documents, according to research by the Charity Commission.
Lack of management skills limit business growth
The government has introduced a range of measures aimed at removing barriers that may be stopping people from being able to access their pensions.
HMRC has launched a digital accounts system for businesses and individual taxpayers.