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Business and Other Briefings
BIS: The UK military list of items that require an export licence issued by the Export Control Organisation.
BIS: Hundreds of firms will benefit from more consistent enforcement of regulation & clearer advice on how to comply with the law under new plans to extend the Primary Authority scheme.
Following a consultation with business and regulators, Business & Energy Minister Michael Fallon has confirmed that the government will legislate to extend Primary Authority to the following sectors:
Following a consultation with business and regulators, Business & Energy Minister Michael Fallon has confirmed that the government will legislate to extend Primary Authority to the following sectors:
* the age-restricted sale of gambling
* the Housing Health & Safety Rating System
* sunbed tanning
* Welsh regulations on single use carrier bag charging
ScotGov: The construction industry in Scotland is to ‘benefit from an initiative to speed up payments to contractors in public sector developments’. Project bank accounts are ring-fenced accounts from which payments can be made directly & simultaneously by a client to the main contractor and members of the supply chain, removing the scope for delays in payment from the main contractor’s bank account.
The system, which should be in place later this year, will speed up available funds to all contractors with electronic payments typically taking 5 days.
HMRC: While the majority of UK taxpayers pay the tax they owe, a small minority are intent on ignoring their legal responsibility to register all their business activity and pay the tax due on it.
The briefing ‘Tackling the hidden economy’ explains how HMRC tackle those who don’t register all their business activity and work within what they call the ‘hidden economy’.
The briefing ‘Tackling the hidden economy’ explains how HMRC tackle those who don’t register all their business activity and work within what they call the ‘hidden economy’.
BRDO: Business Minister Michael Fallon has invited national regulators & local authorities to bid to a new fund that will enable them to pioneer more business-friendly enforcement of regulation.
The Regulatory Innovation for Growth programme will provide up to £20k per project to support innovative new ways of enforcing regulation. Proposals must be based on closer working relationships with businesses, helping firms comply with essential requirements without burdening them with bureaucracy.
The Regulatory Innovation for Growth programme will provide up to £20k per project to support innovative new ways of enforcing regulation. Proposals must be based on closer working relationships with businesses, helping firms comply with essential requirements without burdening them with bureaucracy.
As advised in RCB 30/12, gives details of Stamp Duty Land Tax treatment following a recent tax tribunal decision.
This Brief confirms the VAT treatment of supplies made by pensions consultants to employers in light of changes following the RDR.
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