by Darren Fagan | Apr 12, 2018 | Business
Key points These minimum contribution amounts are required to gradually increase at set times The total minimum contribution increased from 2% to 5% of qualifying earnings on 6 April 2018, and rises again on 6 April 2019 to a total minimum amount of 8%. If the...
by Darren Fagan | Nov 30, 2017 | Business
Whether your business is small or large, the opportunity to embrace an apprentice into your team is readily available, yet rarely taken by small businesses. They are available to large and small firms, with the former (per a wage bill more than £3 million) being...
by Darren Fagan | Nov 17, 2017 | Business, Tax News
HMRC has increased its interest rates for late paid tax and NIC from 21 November 2017 by 0.25% but no increase to repayment interest rates. The current late payment and repayment interest rates applied to the main taxes and duties that HMRC currently charges and...
by Darren Fagan | Nov 10, 2017 | Business, Tax News
In the run up to January’s online self assessment tax return deadline, the Low Incomes Tax Reform Group (LITRG) is warning of the risk that HMRC will issue any repayments due to last used debit or credit card, rather than the bank payment instructions entered on the...
by Darren Fagan | Nov 3, 2017 | Business
For the first time since July 2007, the Bank of England (BoE) has raised interest rates from 0.25% to 0.5% to help curb high inflation On 1 November, the Monetary Policy Committee (MPC) voted by a majority of 7-2 to increase interest rates to 0.5%. The move reverses...
by Darren Fagan | Oct 31, 2017 | Business
The UK first Autumn Budget in years will be delivered by Chancellor Phillip Hammond on Wednesday 22 November. It will be his second Budget in 2017 and will include projected tax changes and spending plans as a result of the earlier report by the Office for Budget...
