News - February 2007
Construction Industry Contractors - Employees or Not?
February 2007
Construction companies across the Midlands are being targeted by HM Revenue and Customs (HMRC) who have sent thousands of letters to contractors and sub-contractors regarding their self-employment status. Some of these status enquiries have led to some construction companies receiving huge PAYE bills.
New Service for Entrepreneurs
February 2007
In response to the ever growing number of owner managed businesses across the region, Sutton Coldfield based accountants and business advisers Weatherer Bailey Bragg LLP has just launched a dedicated entrepreneurial services division.
Changes Required to Websites and Electronic Documents
February 2007
The government has recently issued new legislation extending the requirements for companies and Limited Liability Partnerships (LLPs) to provide certain particulars about themselves on their websites and in electronic versions of all documents.
Pensions Bill
February 2007
More people than ever would be entitled to a full basic state pension as a result of measures included in the new Pensions Bill, which had its second reading in the middle of January.
Fines for Non Payment of the National Minimum Wage
February 2007
Trade and Industry Secretary Alistair Darling has announced that employers who refuse to pay the minimum wage could face a £200 fine for every worker they underpay.
Homeworking Costs for the Self Employed
February 2007
HMRC have revised their guidance on the deductibility of household expenses for those people who work from home on a self employed basis. This has always been a complex area and case law has meant that the rules were at least very confusing!
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