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Reporting standards for small firms simplified

The Financial Reporting Council has introduced new accounting standards designed to simplify reporting for small and micro businesses.

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Government announces red tape reviews

The Department for Business, Innovation and Skills will launch reviews into cutting red tape in 5 key sectors, Business Secretary Sajid Javid has announced.

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Regulations on holiday pay arrears come into effect

Regulations to prevent backdated claims for holiday pay going back more than 2 years have taken effect from 1 July 2015.

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HMRC relaxes PAYE late filing penalties

HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated.

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Business rates review must create 'fair' system, says CBI

The government's ongoing business rate review must aim to create a 'simple, fair and competitive system', the Confederation of British Industry has said.

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