Business tax

HM Revenue and Customs (HMRC) is reminding taxpayers that a number of important new measures are due to come into effect in April.

From 1 April 2009, the Scottish Government’s Small Business Bonus Scheme will allow businesses with premises worth up to £8,000 to pay no rates at all.

The Federation of Small Businesses (FSB) has called on the Chancellor to introduce tax reliefs for businesses in the forthcoming Budget.

Unincorporated businesses could miss out on a tax relief scheme introduced by the Chancellor in the pre-Budget Report.

HM Revenue and Customs (HMRC) has reminded firms employing fewer than fifty people that they can pick up a tax-free £75 bonus if they file their 2008/09 Employer Annual Returns online this year.

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