MD Consulting Newswire

August Newswire

Our aim is to keep you up to date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

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►► QUOTE OF THE MONTH

"Show me a good loser and I'll show you a LOSER!"

►► Key Dates

19 August 2010 - PAYE and NIC due for the month ended 5th August 2010.

19 September 2010 - PAYE and NIC due for the month ended 5th September 2010.

5 October 2010 - Deadline for notifying H M Revenue and Customs of chargeability to income or capital gains tax for the year ended 5th April 2010.

►► Online VAT Deadline Looming

Businesses need to act now if they have not already registered for online filing of VAT returns.

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►►Tax Set To Be Made Simpler

Chancellor George Osborne has launched a new Office for Tax Simplification (OTS), with the task of identifying areas where complexities in the tax system for businesses and individuals can be reduced.

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►► Get Ready For New Equality Act

Time is ticking away for businesses to review their policies and practices to make sure they are in line with the new Equality Act.

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►►Late Returns Grace Period To End

Businesses are reminded that a seven-day grace period for late employers’ and contractors’ returns will cease from 31 March 2011.

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►►Guide Aims To Make Managing Employee Performance Easier

New guidance is now available for businesses to help them manage the performance of their workforce more effectively.

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►►HMRC Issues New Security Alerts

HM Revenue & Customs has issued a new security warning over an email currently in circulation.

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