Welcome to our quarterly VAT UPDATE for MAY 2012, which includes a roundup of topical issues and developments.

Once again it seems Enterprise Investment Schemes ("EIS") have been set free to drive business growth. A combination of
increased tax relief and the availability for participation of larger businesses is attracting more companies and potential investors.

As the year end rapidly approaches, here is the Private Client quick guide to saving tax and maximising planning opportunities.

RTI news

This bulletin is the first in a series of updates that we will be publishing over the next 12 to 18 months to help employers prepare for RTI.

Employers - prepare for Pension Reform

Employers need to consider whether their existing pension arrangements will comply with the new Pensions Act and the impact of the costs on their bottom line.   On 3 November 2011, the Pensions Bill 2011 received Royal Assent and became the Pensions Act 2011.  We outline below the key changes the new Act introduces....

VAT impacts on all aspects of business life, isn't it about time you checked...

Bad Debt Relief Rules challenged:  In a recent Upper Tax Tribunal decision, the Judge found that the taxpayer could claim back the whole amount of VAT charged on its sales invoice as Bad Debt Relief even where they had received payment of the net amount.

Welcome to our quarterly VAT UPDATE for NOVEMBER 2011, which includes a round up of topical issues and developments.

HM Revenue & Customs (“HMRC”) will be extending their Business Records Checks (“BRC”) programme to include the Aberdeen and Inverness areas in the next few weeks. Poor record keeping by small and medium-sized enterprises is the target of this crackdown by HMRC.

Welcome to the November 2011 issue of the Anderson Anderson & Brown LLP tax newsletter.