Employers are being urged to plan ahead for the Queen’s Diamond Jubilee holiday in June. To mark the occasion, the last bank holiday in May has been moved to Monday, 4 June 2012 and there will be an extra bank holiday on Tuesday, 5 June.
Royal Mail has announced steep rises in the prices of stamps from 30 April 2012. The price of a first class stamp for a standard letter will rise from 46p to 60p and the cost of a second class stamp for a standard letter will rise from 36p to 50p.
HM Revenue & Customs (HMRC) is to launch 30 new taskforces to crack down on tax dodgers in 2012-13.
Consumers have been urged to steer clear of offers that claim to be able to provide loans or release tax-free cash from people’s pension pots before they reach the age of 55.
Almost one million taxpayers will receive a penalty for filing their tax return late, but the figure has fallen substantially on last year.
An extra £1 billion has been set aside by the government to help businesses to grow and create new jobs. The funding, part of the Regional Growth Fund, takes the total fund to £2.4 billion. It will be available to businesses and public/private partnerships seeking to create new jobs and boost their local economies.
Four new lenders have been accredited to offer loans to small businesses under the Enterprise Finance Guarantee (EFG) scheme, the government has announced.
HM Revenue & Customs (HMRC) has announced a fresh approach to its business records checks (BRC) programme in 2012, following a review of a pilot for the scheme.