by Darren Fagan | Apr 22, 2022 | Business, Tax News
Please find below the updated Thresholds and Rates for 2022/23 these come into effect from 6th April 2022 and will update in July 2022 Tax thresholds, rates and codes The amount of Income Tax you deduct from your employees depends on their tax code and how much of... 
by Darren Fagan | Jan 10, 2020 | Business
My client is aware that new national minimum wage rates will be introduced in April and want to know what they need to do from an HR perspective to prepare for this? As announced prior to the New Year, the current national minimum wage (NMW) rates will be increased in... 
by Darren Fagan | Nov 27, 2019 | Business, Tax News
Question: My client ran his decorating business for three years as a sole trader and is now going to incorporate. As a sole trader his turnover never quite reached the registration threshold but he will VAT register when he incorporates as a lot of his customers are... 
by Darren Fagan | Oct 12, 2018 | Business
Making Tax Digital (MTD) is fast approaching us, you might have seen some of our social media posts, if not, you would of certainly seen others. We are going to give you a couple facts about Making Tax Digital and the possible affects this will have on your business.... 
by Darren Fagan | May 9, 2018 | Business
The Low Incomes Tax Reform Group (LITRG) is warning taxpayers about a scam by fraudsters who leave automated messages purporting to be HMRC and saying the person is under investigation for unpaid taxes In the latest ruse, scammers are cold calling people and leaving... 
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...