Feeds

Bigger small firms to benefit from new VAT rules

Government extends cash accounting

Secure remote control for conventional and virtual desktops

Small and medium sized tech firms will be among those to benefit from an extension to the government's Cash Accounting Scheme.

The scheme, which allows qualifying firms to defer paying VAT until they have actually been paid, rather than paying the money to the government as soon as they have invoiced for the work, has been restricted to firms with turnovers below £660,000.

As of 1 April, 2007, companies doing up to £1.35m of business annually will be eligible for the scheme, which should improve cashflow for those firms most dependent on prompt payment.

John Healey, financial secretary to the Treasury, said the changes would mean an extra 50,000 small businesses in the UK would now qualify for the scheme.

"We know that small businesses are the engine for the UK's economy, so it is only right that we look to improve the climate for them," he added. ®

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?