Monthly Archives: February 2011

How good are your records?

HMRC believes 40% of the five million small and medium businesses in the UK maintain inadequate records.    Due to commence in the second half of 2011, the HMRC are introducing a new Business Records Check consisting of a visit to the business … Continue reading

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Interest on employee loans to remain at 4.00%

HMRC have confirmed that the official rate of interest applying to interest-free or low interest loans made to employees will remain at 4.00% for the 2011–12 tax year, subject to review in the event of significant rate changes.

Posted in Corporate, Employees, Employers, General news, Taxation | Leave a comment