Business and Other Briefings
OFT: The Debt Managers Standards Association (DEMSA) has become the first trade body within the debt management industry to successfully secure approval for its code of practice under the OFT Consumer Codes Approval Scheme (CCAS).
Debt management companies act on behalf of consumers to help clear outstanding debts by negotiating with creditors and facilitating repayments. In return for their services, these companies are generally paid a fee by the customer. DEMSA currently has 4 members, who between them deal with around 38% of all fee-paying debt management cases handled in the UK.
Press release ~ Debt Managers Standards Association (DEMSA) ~ OFT Consumer Codes Approval Scheme (CCAS)
HMRC: HM Revenue & Customs (HMRC) has issued a reminder to large employers about important PAYE changes coming into effect next April. From 6 April 2009, employers with 50 or more employees must send the following in-year PAYE information online:
* Form P45(1) - details of employee leaving
* Form P45(3) - new employee details
* Form P46 - employee without a form P45
* similar information for people receiving a pension
HMRC: The Corporation Tax Bill, introduced into Parliament by the Financial Secretary to the Treasury, the Rt Hon Stephen Timms MP, has been published. The Bill is the fifth produced by the Tax Law Rewrite project which rewrites UK direct tax law to modernise it so that it is clearer & easier to use.
Marine fuels and marine voyages excise duty relief - proposed consultation exercise.
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