|Exceed UK Limited
Newsletter August 2009
|Newsletter August 2009|
As the holiday season continues we have updated you this month on a change to employment law, an article which offers advice on tax relief available for capital purchases in 2009-10, an important announcement if you claim Child Tax Credits and finally two VAT updates from HMRC.
Our next newsletter will be published on Tuesday 8 September 2009.
|Vetting and Barring Scheme|
Changes to employment law are underway. From the 12 October 2009 new measures are being introduced to vet the suitability of persons working with children or vulnerable adults.
It is to be called the Vetting and Barring Scheme (VBS) and will be administered by a new public body to be called the Independent Safeguarding Authority (ISA).
From July 2010 all new employees can register with the ISA.
From November 2010 all new employees and volunteers must register before they start work. Until they have registered they cannot be legally employed.
Failure to comply with the new registration demands could possibly result in custodial sentences for the employee and the employer!
A range of useful online tools, posters and leaflets can be downloaded from the ISA web site at www.isa-gov.org.uk/toolkit or call 0300 123 1111.
DISCLAIMER - PLEASE NOTE: The ideas shared with you in this email are intended to inform rather than advise. Taxpayers circumstances do vary and if you feel that tax strategies we have outlined may be beneficial it is important that you contact us before implementation. If you do or do not take action as a result of reading this newsletter, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.
Exceed UK Limited
Bank House, 81 St Judes Road, Englefield Green, TW20 0DF
Tel: 01784 439 955 Web: www.exceeduk.co.uk
Exceed UK is a limited company registered in England & Wales (4473979). Registered for VAT (792 6771 79). Directors of the firm are members of the South African Institute of Chartered Accountants and the Institute of Chartered Accountants England & Wales.
“A member of the ICAEW Practice Assurance Scheme”