Business Link: Checklist of April Regulation Changes
Small businesses can check how to comply with regulation changes coming in on 6 April, following the publication of an online guide by Business Link.
Most laws that affect businesses are implemented on one of two common commencement dates (CCDs) — 6 April and 1 October. The April 2011 CCD will bring with it several reforms that small firms must comply with, and Business Link has published a summary.
The changes will include:
- A lower rate of corporation tax — the main rate will fall from 28 to 27 per cent, and the small business rate from 21 to 20 per cent.
- Payment of corporation tax must be made electronically from 1 April 2011.
- Additional paternity leave and pay — eligible partners of those due to give birth or adopt on or after 3 April will gain the right to additional paternity leave and pay.
- The right to request flexible working will be extended to parents of all children under 18.
- Positive action in recruitment
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