From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:
Extra Take Home Pay
For many employed individuals who are checking their payslip this month it should include a welcome bonus of a £60 reduction in their income tax deduction.
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CBI Forecast
A CBI forecast has predicted a ‘shallow recession’ during the final part of 2008 and that growth in the economy in 2009 will be the lowest since 1992.
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Temporary Exemption On Stamp Duty Land Tax
In a move to help the property market and first time buyers, Alistair Darling has introduced a Stamp Duty Land Tax (SDLT) exemption or holiday for purchases of residential property from 3 September 2008 to 2 September 2009 (inclusive).
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Fake HMRC Emails
HMRC are warning taxpayers that they are aware of a high number of emails being sent out offering a tax rebate.
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Change To Benefits System
From 27 October 2008, in a change to the benefits system, Employment and Support Allowance (ESA) will replace the current state benefits (Incapacity Benefit and Income Support) which are paid to individuals on incapacity grounds.
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NMW Rates To Rise
National Minimum Wage (NMW) rates are set to rise from 1 October 2008.
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HSE Don’t Ban This, That And The Other
The Health and Safety Executive (HSE) are keen to dispel the myth that they are responsible for banning ‘this, that and the other’.
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Proposed Strict New Jobs List
The UK Border Agency is proposing to introduce a new list of shortage jobs in order to better target migration at the needs of British businesses.
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