Business and Other Briefings
WAG: The Welsh Government is inviting Welsh companies to participate in trade missions to the United States, China and Canada in 2013. Government supported places are now available for multi-sector trade missions to the U.S. West Coast from 10-15 February, Chongqing, China from 2- 9 March and Montreal, Canada from 21-26 April.
FRC: Following consultation, the Financial Reporting Council has published a revised version of actuarial standard TM1 (AS TM1) which sets out the assumptions to be used in annual statutory money purchase pension illustrations (SMPIs).
WAG: The Welsh Government’s new £6.5m Business Wales ‘one-stop-shop’ service to support the sustainable growth of small enterprises is now up & running with a network of 11 offices around Wales. The creation of a dedicated business support service for small enterprises was one of the recommendations in the Micro Business Report for Wales.
This brief announces HMRC's change in policy on first time water connection charges supplied at the same time as the supply of water.
The VAT exemption for research is being withdrawn as the UK has been notified by the EU Commission that it does not comply with EU legislation. The UK has accepted that this is the case and plans to withdraw the exemption from 1 August 2013.
Brief on the new voluntary scheme for motor and boat dealers selling adapted vehicles or boats under the zero-rated disability scheme.
Brief on scrapping of VAT Notice 701/59 and replacement by two new Helpsheets.
