News

October 2011

Three-fold increase in tax scam emails

HM Revenue and Customs say the number of scam “phishing” emails has increased by more than 300% over the past year.

New Agency Worker Regulation (AWR) comes into affect

The Government has introduced new Agency Worker Regulation (AWR) changing the way businesses introduce new staff on a short term basis.

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Cable attacks banks over lending

The Business Secretary Vince Cable has once again attacked banks over a lack of lending to SMEs.

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2,250 tax inspectors in super rich crackdown

A crack team of more than 2,000 tax inspectors is to be set up by HM Revenue and Customs to target tax avoidance and evasion.

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Small businesses fail to check credit scores

A survey of nearly 700 small businesses has found that more than 71 per cent did not check their customers’ credit status.

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Calls made for simpler SME financial reporting

The Financial Reporting Council and the Department for Business, Innovation and Skills (BIS) have published a joint missive calling for annual accounts for the smallest businesses to be simplified in order to cut red-tape for micro-entities.

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