Clients
August 2010
Here’s what’s been hitting the headlines over recent weeks:
FEATURE ARTICLE
PAYE overhaul: HMRC’s recent discussion paper outlines proposals for a major overhaul of the PAYE deduction system, a system which has been in place for over 66 years. MORE...
NEWS ROUND-UP
IR35 successor could be GAAR: Pressure is mounting on the government to find an alternative to IR35. One suggestion is a new General Anti-Avoidance Rule (GAAR) to be introduced in next April’s budget. MORE...
HMRC collects too much tax: A new system which HM Revenue & Customs (HMRC) had designed to improve the accuracy of tax payment processing has failed to achieve its aims, having collected £238 million too much. MORE...
Bond Street job awarded: The £150 million contract for the redevelopment of Bond Street Underground station has been awarded to a joint venture of two companies. MORE...
Online VAT filing to be compulsory: Accountants have been advised by government ministers that it will be compulsory for all businesses to file online VAT returns from April 2012. MORE...
Tender prices fall as material costs rise: Price prediction data collected by Construction News has revealed that tender prices are set to drop more than previously expected. MORE...
HMRC to use debt collectors: HMRC has recently confirmed that it will be using debt collection agencies in the coming year to pursue firms and individuals who owe £140 million of tax debt. MORE...
UK’s first jump lift at the Shard: The Shard at London Bridge recently became the first building in the UK to have a jump lift installed. MORE...
London Underground report suggests major line upgrades are starting to deliver service improvements but Jubilee line work set to continue into 2011: London Underground recently published its annual performance report and PPP review for 2009/2010. MORE...
Crane hire company fined: London Tower Crane Hire & Sales Limited has been fined after an incident involving a tower crane in November 2007. MORE...
London Underground to investigate runaway train: London Underground has announced that it has launched an investigation into the runaway engineering train. MORE...
Newham Towers hit snag: Plans for two towers on the Tidal Basin Road in the London Borough of Newham have run into problems following criticism from the London Mayor’s office. MORE...
Crossrail to procure new trains and West London Depot: Crossrail has announced its intention to begin procuring 60 new trains as well as a new West London Depot. MORE...
Experts warn recovery could be false: According to experts at the civil engineering contractors association (CECA) there has been a slight recovery in the civils sector, however, they went on to warn that this recovery might not be sustained. MORE...
NHS to renegotiate PFI Deals: It has been reported that the NHS is facing a bill for £65 billion for hospitals that were built under the PFI programme, prompting health chiefs to attempt to renegotiate the deals. MORE...
HMRC loses husband and wife case: HMRC has lost a case against a husband and wife who it claimed owed around £20,000 in tax on dividends. MORE...