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Business News: September

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

SMEs access to equity finance eased

Small businesses are set to be able to access equity finance more cheaply and effectively with early changes to European regulatory measures.

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Capital allowances loophole closed

The government has bought forward the closure of a loophole that allowed businesses to accelerate capital allowances claims for plant and machinery and obtain advantageous early tax relief.

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New guidance issued on distance selling

The Office of Fair Trading (OFT) has launched a new online resource to help businesses comply with the law when selling goods and services at a distance, such as website or mail order sales.

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Retailers warned over online security

Businesses have been urged to do more to protect customers’ data after hackers were able to access the payment details of thousands of customers of cosmetics and toiletries retailer Lush.

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Rule change on agency workers’ rights looms

New rules affecting employers who take on agency and temporary workers will take effect from 1 October 2011.

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NHS worker on sick leave for a year entitled to holiday pay

The Employment Appeal Tribunal (EAT) has found in favour of an NHS employee, ruling that she was entitled to payment in lieu of holidays she had been unable to take while on sick pay for a year.

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Research highlights cookie law non-compliance

New research has highlighted the potential scale of organisations and businesses failing to comply with EU directives on downloading cookies.

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To find out more about how we can help you, please contact Simon Coles & Co, London Chartered Accountants.


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