News
News that matters to small businesses, contractors and subcontractors in the construction industry.
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Call for compensation for VAT delays
The Editor
[News]
09:40 20/08/07
A major professional tax body has highlighted the problems caused by VAT registration delays and called for a inquiry into the matter and for compensation to be paid to businesses who have suffered financially.
Government, not business, should police immigration
The Editor
[News]
11:08 13/08/07
A small business group has told the Government that it should ensure that workers are legal rather than expect small firms to carry out the necessary checks.
After the flood come taxing times
The Editor
[News]
09:35 08/08/07
Uninsured or underinsured business owners whose premises suffered flood damage can benefit from major tax savings – but only if they stick to the rules.
FMB criticises extra rates for small firms
The Editor
[News]
15:08 07/08/07
The Federation of Master Builders (FMB) has added its weight to the rapidly growing business lobby against the recommendation by MPs that local authorities be giventhe power to levy unlimited supplementary business rates.
Olympics construction fuels rise in IT contractors in engineering
The Editor
[News]
08:58 03/08/07
The proportion of all IT contractors who work in the engineering sector has almost doubled in just 12 months, as preparations for the 2012 Olympics accelerate, reveals research from giant group plc, the contractor services provider.
Tax help for people affected by flooding
The Editor
[News]
08:41 29/07/07
HM Revenue and Customs (HMRC) has announced that it will retrospective legislation to waive interest and surcharges on tax paid late due to the recent floods.
Small firms tax victory in the Lords
The Editor
[News]
11:17 26/07/07
Husbands and wives in business together breathed a sigh of relief this week as the House of Lords put an end to HMRC's attempts to levy the so-called 'married couples' business tax' on small businesses.
New Minister for Construction
The Editor
[News]
09:54 16/07/07
Stephen Timms has been appointed the Minister for Construction in the newly-created Department for Department for Business, Enterprise and Regulatory Reform (DBERR).
Labour shortages on the rise
The Editor
[News]
12:04 13/07/07
Labour shortages in the construction industry are at their highest level since 2005, according to the Federation of Master Builders (FMB) in its latest survey of members.
Proposal to give HMRC access to bank accounts
The Editor
[News]
09:05 10/07/07
A proposal to give HM Revenue & Customs (HMRC) access to bank accounts to collect unpaid taxes has been greeted with concern by one of the major professional tax bodies.