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Monday 12 December 2011

Newsletter 50

Please follow the links below for more information about each topic.

AUTUMN STATEMENT

On Tuesday 29 November the Office for Budget Responsibility (OBR) published its updated forecast for the UK economy.

NEW HMRC TASKFORCES

Five new taskforces have been set up to tackle tax evasion in different areas of the country.

VAT AND DUTY ON SHOPPING

Angela Shephard, Head of Customs Policy, HMRC is warning individuals not to get caught out by 'unexpected charges when you are shopping for Christmas bargains this year'.

PARTIES FOR EMPLOYEES

With the season for office parties fast approaching we thought it would be a good idea to remind you of the tax implications.

CONSULTATION - HAVE YOUR SAY

The government has launched a consultation, 'Modernising the administration of the personal tax system'.

FIGHTING CUSTOMS AND EXCISE FRAUD AND TAX EVASION

HMRC are asking for information to help them tackle Customs and Excise fraud and tax evasion.

UNEMPLOYMENT RISES TO 2.62 MILLION

The CBI commented on official data showing unemployment rose by 129,000 to 2.62 million in the three months to September 2011, including a rise in youth unemployment to over a million.

EU VAT REGISTRATION LETTER SCAM

HMRC are warning of a new scam letter which is being sent to businesses.

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