Business and Other Briefings
ICO: Businesses & other organisations running websites in the UK must ‘wake up’ to the fact that EU legislation, which will require them to get consent in order to store or access information on consumers’ computers, is coming into force on 25 May 2011.
The new law is an amendment to the EU’s Privacy and Electronic Communications Directive. The Department for Culture, Media and Sport is leading on implementing the new measures in the UK, while the ICO will be responsible for regulation.
Press release and related links
HMRC: Companies across the UK are being reminded of important changes to Corporation Tax (CT) filing & payment, which come into effect in April 2011, when all Corporation Tax payments will have to be made electronically and all company tax returns must be filed online for accounting periods ending after 31 March 2010. The returns will also have to be filed using a specified data format, known as Inline XBRL or iXBRL.
As well as limited companies, the changes will affect other organisations that pay corporation tax, including clubs, societies, associations, co-operatives, charities and other unincorporated bodies. Companies will be able to file online, either through commercially available software or by using HMRC’s own CT filing software, which is aimed at companies with less complex tax affairs.
Press release and related links
The purpose of this is brief is to explain some changes that are being made to the legislation relating to the evidencing of Climate Change Levy (CCL) reliefs and exemptions.
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