Tax News - March 2008

As March begins we are looking ahead to a year of change. This is highlighted in our Feature article (See below 'Taxing Times Ahead – Beware 6th April 2008!') which explains just how the Inland Revenue (HM Revenue & Customs) are making radical changes to the UK tax system. Ongoing changes of capital gains tax has seen The Federation of Small Businesses campaigning and making progress with revisions to those changes already being outlined. We welcome any kind of tax relief for small business owners so let's hope they keep up the good work!

Taking on apprentices can 'benefit a business'
Employing apprentices can be of "tremendous benefit" to businesses, the Learning and Skills Council (LSC) has claimed... read more

Small businesses 'afraid' to discipline employees
The UK's smallest businesses worry about disciplining staff and fear they will be sued, according to a study by employment law firm Peninsula... read more

HMRC: Tax relief for Entrepreneurs
Draft legislation as been released outlining a new tax relief scheme for entrepreneurs... read more

UK adults 'missing out' on tax free interest
British adults are missing out on the best saving rates by failing to shop around, claims Lloyds TSB... read more

On the 6th April 2008 the tax system in the UK is undergoing a number of radical changes. Businesses and individuals have been given prior warning, but is the message getting through?

TaxAssist Accountants has the following advice to offer... read more