Entelliz recommends
Week 51, 2008
STOP PRESS......
New Corporate Tx Bill published
The Corporation Tax Bill, introduced into Parliament by the Financial Secretary to the Treasury, was published this week. The Bill is the fifth amendment under the Tax Law Rewrite project which aims to make UK direct tax law clearer and easier to use. It includes:
* the basic corporation provisions including the charge to tax, accounting periods and provisions relating to company residence;
* provisions relating to trading and property income and income from other sources;
* special provisions for companies affecting the computation of income, such as those for loan relationships, derivative contracts and intangibles; and
* provisions governing particular types of expenditure, for example, expenditure on research and development and films.
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Tip of the week
Help Your Company Tighten Its Belt
In this risk-averse, credit-scarce environment, everyone's cutting back. How can you support your company's belt-tightening efforts? One idea is to suggest lean, green initiatives.
Could, for example, your company reduce its packaging? Even a relatively small reduction can generate huge savings in transportation and material costs for your firm and its suppliers. Another tactic is to move from paper to electronic communications. Suggest that your company get customers to sign up for paperless billing and move payroll, training, and HR systems online. Your firm will score big savings in paper and administrative costs.
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Article of the week
The Future of the MBA
The school that launched the MBA 100 years ago, Harvard Business School, marks its centennial year by examining the future of the degree it invented.
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Newsflash of the week
First annual innovation report
The world's first national progress report on innovation was published today by the UK Government as Ministers underlined the vital role innovation has to play in securing the country's long term prosperity. The report outlines progress made on innovation to help transform public services and ensure UK businesses benefit from the £175billion spent annually through Government procurement.
The Report also announces the Government's progress on delivering the commitments first outlined in the Sainsbury Review and taken forward in the Innovation Nation White Paper. To read teh full paper click here
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