Business and Other Briefings
HMRC: People selling directly to customers and who haven’t paid all the tax they owe have one month to come forward & pay up under an HM Revenue and Customs campaign. Under the time-limited opportunity, direct sellers - often called agents, consultants, representatives or distributors - must tell HMRC about the tax due and make arrangements to pay before 28 February 2013.
From last week, HMRC will be writing to direct sellers to let them know about the Direct Selling campaign. HMRC is inviting direct sellers to a live Twitter Q&A session, with tax experts who will answer questions about the campaign, on 7 February 2013, between 1pm & 2pm.
FSA: The Financial Services Authority has confirmed that Barclays, HSBC, Lloyds and RBS will start the full review of their sales of interest rate hedging products (IRHPs) to small businesses.
In June last year, the FSA announced that it had found serious failings in the sale of IRHPs. The recent announcement means that these banks have agreed to work on reviewing individual sales and providing redress to customers based on principles outlined in today’s FSA report, and overseen by independent reviewers.
In June last year, the FSA announced that it had found serious failings in the sale of IRHPs. The recent announcement means that these banks have agreed to work on reviewing individual sales and providing redress to customers based on principles outlined in today’s FSA report, and overseen by independent reviewers.
HMT: The Government has published for consultation a set of guidelines & tools to support public & private sector infrastructure providers’ capability to improve the delivery of large scale projects & programmes. The consultation will involve an opportunity to participate in a series of regionally based roadshows – See ‘Consultations’ Section for more information.
