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 http://www.bookcheck.co.uk/our-services/bookkeeping
Pension
The Government is reducing business Red Tape but unfortunately someone else is increasing it.
Posted on
March 2, 2015
Pension Auto-enrolment – lots of complication or a simple solution?
Posted on
November 21, 2014
Every business inbox is awash with this huge change to the pension system, not to mention the phone calls. It’s pretty intimidating and the more you look the more there is to worry about. Nearly all approaches are from the scary perspective which is unfortunate because life doesn’t have to be complicated. Indeed the sign of a true professional is someone who makes it look easy, even if it isn’t. So following KISS principles that’s all to say.