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Business News - January 2012

Non-doms receive tax break for investing in UK businesses

As part of its draft legislation for the Finance Bill 2012, the government has outlined changes to the way non-doms are taxed, which will come into force on 6th April 2012.

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Government consults on fees for employment tribunals

The government has outlined in greater detail its proposed reforms to employment law by publishing a consultation on the fees to be introduced for individuals wishing to make use of the tribunal system.

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Policyholders could be compensated for policy claim delays

Under new proposals from the Law Commission, individuals and businesses could be eligible for compensation if an insurance company unreasonably delays the payment of a valid claim or refuses to pay altogether.

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