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Business consultation begins on Revenue & Customs merger |   |
As part of the drive to reduce the amount of red tape in the business world, The Inland Revenue and Customs and Excise are to integrate to form a new Department called HM Revenue and Customs (HMRC).
Legislation to make this happen is currently before Parliament. The aim of the new department is to "deliver real benefits to small businesses by reducing the administrative burden the tax system imposes on them and by improving its relationship with them".
This consultation is aimed at small businesses and their intermediaries (such as accountants, payroll providers) business advisors and organisations representing small businesses.
The consultation period begins on 16 March 2005 and runs until 30 June 2005. Comments on the proposed merger should reach the Inland Revenue by this date.
All details on the proposed merger and the consultation process can be found via the links below:
- Summary Document (PDF)
- Consultation Document (PDF)
Posted March 21, 2005
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[October 6, 2008] Despite 12 months of economic turmoil, the latest UK Enterprise Survey Report shows that UK companies are determined to survive, and remain optimistic about the future.
[October 3, 2008] A survey of company directors has revealed that more and more of them are choosing to live outside the capital and the South East, with ‘a gradual migration of company directors from the South of England, to more northerly regions, as well as Scotland and Wales’.
[September 30, 2008] With the Tory conference in full swing, what exactly do the Conservatives propose to do to help UK businesses?
[September 29, 2008] The vast majority of entrepreneurs in the UK are risking long-term business success by not giving proper thought to their exit strategies, according to business advisory firm, Deloitte.
[September 22, 2008] New research suggests that one in six small business owners suffer sleepless nights as a result of stress - roughly 750,000 people in total.
[September 18, 2008] A fascinating study into the "DNA" of global entrepreneurs reveals how the lifestyles and habits of international business owners compares to those of their UK counterparts.
[September 15, 2008] Following the torrential rain of the past few weeks, UK businesses who are concerned that they may be affected by flooding are being urged to download a free flood risk assessment guide.
[September 10, 2008] The decline in startup business numbers is expected to ease by the end of 2008, according to Barclays estimates. The bank's figures expect 380,000 new businesses to start up this year, compared to 430,000 in 2007.
[September 5, 2008] A leading business group has expressed its concern that small companies are not being protected from increased business rate costs.
[August 28, 2008] As the Olympic torch is handed over to London following the excellent Beijing games, new research suggests that entrepreneurs are unsure whether the 2012 event will benefit smaller companies.
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