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Latest news from HMRC

Partnerships: A review of two aspects of the tax rules (Opens new window) Open consultation on the detailed design of the changes to partnerships rules and on how to ensure that any impacts outside the specified targeted areas can be reduced without giving rise to uncertainty and avoidance.	National statistics: Residential property transaction completions Statistics as pre-announced, on property transactions completed in the UK with value £40,000 or above, have now been published.
Real Time Information: submissions creating new employments and tax codes Clarification on completing Employer Alignment Submissions and Full Payment Submissions.	Tariff Notice 13/13 Common Customs Tariff - Combined Nomenclature - Tariff classification - yellow-brown powder obtained from defatted soya beans.

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Latest news from the FSB

Poorly performing town centres can be revitalised, if traders and local authorities work together FSB research shows that half of independent retailers think their town centre is performing ‘poorly' and is backing calls for closer ties between small firms and local authorities, to boost spending on the high street.	FSB urges small firms to boost sales and jobs by engaging customers via the web Research by the Federation of Small Businesses (FSB) shows that one in four UK small firms risk being uncompetitive by not having their own website. As a consequence jobs and growth on local high streets could be under threat.
Federation of Small Businesses responds to Lord Young's ‘Growing Business' report The Federation of Small Businesses (FSB) broadly welcomes Lord Young's report and his ideas for proposed additional help for small firms.	FSB responds to the Queen's Speech Responding to the Queen's Speech today the Federation of Small Businesses (FSB) has said that we welcome the focus on a stronger economy and measures to help small businesses to create jobs.

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Latest UK Business News

Scotland 'can afford independence' Scotland can "more than afford" to be a successful independent country, its first minister says as he launches a paper outlining the nation's economic strength.	Apple's Tim Cook defends tax claim Apple chief executive Tim Cook has defended the tech giant's tax strategy during a Senate grilling.
Cement firms warned over competition Lack of competition in the UK cement market is costing consumers millions of pounds, the Competition Commission says.	India cricketers' remand extended A court in India extends custody of three cricketers, arrested last week over allegations of spot-fixing in the Indian Premier League (IPL).

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