March 2015

The Government is reducing business Red Tape but unfortunately someone else is increasing it.

Whitehall's independent red tape watchdog reckons the govenemmnet has reduced red tape by £2.2 billion a year however the regulatory policy committee has calculated that new EU rules have inmposed £2.3 billion  in net costs to businesses. So looks like it's gone up! This is before the pension auto enrolment hots most busiisnesses in 2015 or later. Perhaps the benefit of such a consideration is to check what a business can do itself to avoid red tape and the most obvious way is to outsource so somebody else has to cope. This especially applies to payroll, pension auto - enrolement and even book-keeping, thinking in particular of VAT    

This entry was posted in Business Development and tagged in Auto Enrolment, Payroll, Pension, VAT by bookchadmin