Business news

Little time left to claim special VAT refunds

Posted On: Friday, 13 March 2009

Businesses are being reminded that the date by which they can claim a special, one-off refund on past VAT payments is 31 March 2009.

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HMRC sending out penalty notices for late P11D(b) returns

Posted On: Friday, 13 March 2009

Employers are being advised that, as from 16 March, HM Revenue and Customs (HMRC) is sending out penalty notices to those firms yet to file their 2007-08 form P11D(b) Class 1A National Insurance contributions annual returns.

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Pensions deficit hits record levels

Posted On: Thursday, 12 March 2009

Final salary pension schemes in the private sector were underfunded by £219 billion last month, new figures have revealed.

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Deflation reduces small business costs

Posted On: Thursday, 12 March 2009

The cost of operating a small firm has dropped as deflation replaces inflation during the deepening of the economic downturn.

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Smaller businesses experience increase in late payments

Posted On: Wednesday, 11 March 2009

Small firms have seen a rise of 40 per cent in late payments, adding to the woes of the economic downturn.

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