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Simpkins Edwards Newsletter

December 7, 2011

Welcome to our monthly newswire designed to keep you informed of the latest business and tax issues. Please contact us if you have any questions. Remember, we’re here to help.

VAT and duty on shopping
Angela Shephard, Head of Customs Policy, HMRC is warning individuals not to get caught out by ‘unexpected charges when you are shopping for Christmas bargains this year’.
Click here for the full story

Parties for employees
With the season for office parties fast approaching we thought it would be a good idea to remind you of the tax implications.
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Changes to State Pension age
The Pensions Bill 2011 received Royal Assent on 3 November 2011.
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New HMRC taskforces
Five new taskforces have been set up to tackle tax evasion in different areas of the country.
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Autumn Statement
On Tuesday 29 November, the Chancellor of the Exchequer, George Osborne will use the Autumn Statement to give an update on the state of the economy.
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Consultation – have your say
The government has launched a consultation, ‘Modernising the administration of the personal tax system’.
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Fighting customs and excise fraud and tax evasion
HMRC are asking for information to help them tackle Customs and Excise fraud and tax evasion.
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Unemployment rises to 2.62 million
The CBI commented on official data showing unemployment rose by 129,000 to 2.62 million in the three months to September 2011, including a rise in youth unemployment to over a million.
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EU VAT registration letter scam
HMRC are warning of a new scam letter which is being sent to businesses.
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