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Posts Tagged ‘Provision’

Bribery Act – Providing hospitality, promotional or other business expenditure

Does the new Bribery Act that becomes law on 1st July 2011 restrict the provision of hospitality, promotional or other business expenditure?

 

Providing genuine and proportionate business hospitality and expenditure will not be considered as bribery as defined by the Act, but if it was thought that the hospitality was really a cover for bribing someone then the level of hospitality offered, the way in which it was provided and the level of influence the person receiving it had on the business decision in question might be challenged by the authorities.

 

Therefore hospitality or promotional expenditure which is proportionate and reasonably given can continue. i.e. Businesses may provide tickets to sporting events, take clients to dinner or offer gifts to clients as a reflection of their good relations.

Paternity Leave

Paternity leave is aimed at enabling both parents an opportunity to spend time with their newborn or adopted child. Read the rest of this entry »

Summary of Employee related tax changes 2011/12

Summary of Employee related tax changes announced in the Finance Bill 2011 Read the rest of this entry »

Severe weather conditions preventing employees getting into work – Some basic questions answered.

Severe weather conditions preventing employees getting into work Read the rest of this entry »
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    The Intellectual Property Office (IPO) has launched this year’s Cracking Ideas competition and is inviting children across the country to use their creativity to invent a special space-themed gizmo or gadget. […]
  • LUXEMBOURG ARM OF TAX UMBRELLA SCHEME WOUND UP May 17, 2012
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  • Leamington Spa online recruitment companies now offline May 17, 2012
    Four Leamington Spa-based recruitment companies, Online Recruiter Ltd, Financial Times Accounts Ltd, First Star Recruitment Limited and Working Solutions Websites Direct Limited, have been ordered into liquidation in the High Court on grounds of public interest following an investigation by Company Investigations of The Insolvency Service. […]
  • 21-month prison sentences for Manchester ‘debt solution’ company directors May 17, 2012
    Two company directors in Manchester, Benjamin Humphreys and Daniel Moore, have been sentenced to 21 months’ imprisonment each by Chester Crown Court for fraudulent trading at their debt solution company, Churchwood Corporate Services Limited (CCSL). […]