One in five small businesses is feeling optimistic about growth and expansion following the Government's announcement to introduce a £2,000 allowance towards employer National Insurance contributions (NICs).
The Government must do more to inform individuals about the forthcoming single-tier state pension system which will affect around 40 million Britons, a report by the Work and Pensions Committee has said.
Small businesses that are not yet ready for the introduction of the new Real Time Information system cannot afford to further delay their preparations, the Forum of Private Business has warned.
Small employers who pay staff on a daily or weekly basis are to be given more time to report employee earnings via the new Real Time Information system, HMRC has announced.
