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Workplace Pension Increase in Contributions

Workplace Pension Increase in Contributions

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...

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Rejected Excuses For Late Self Assessment

Rejected Excuses For Late Self Assessment

Since 31 January, HMRC has released the latest list of rejected excuses for late filing for Self Assessment. HMRC does this every year, and this year certainly did not disappoint! • I couldn’t file my return on time as my wife has been seeing aliens and...

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Employer Rates & Threshold for 2018-19 Tax Year

Employer Rates & Threshold for 2018-19 Tax Year

With the new tax year fast approaching, HMRC have released the new thresholds for the 2018-19 tax year.  We are going to split the various areas into their own sections.    Tax Thresholds, Rates and Codes  The amount of Income Tax you deduct from your...

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