Employment Rights - Statutory Limits
The limit on the amount of the compensatory award for unfair dismissal is set to increase from 1 February 2011.
Planning Ahead
As the final tax returns are submitted for 2009/10 it is important to remember that the end of the current tax year will soon be upon us.
2011/12 RATES AND ALLOWANCES
For those aged under 65 the personal allowance will be increased by £1,000, from £6,475 to £7,475 for 2011/12.
INCREASE IN THE STANDARD RATE OF VAT
HMRC are reminding businesses to be ready for the VAT increase.
CORPORATION TAX RETURNS CHANGES AHEAD
Broadly all corporation tax returns (including form CT600, supplementary schedules, tax computations and company accounts) in relation to accounting periods ending after 31 March 2010 and submitted after 31 March 2011, must be filed online as paper returns will no longer be accepted. In addition, corporation tax and related payments must be paid electronically.
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