The National Minimum Wage is increased with effect from 1st October
The National Minimum Wage is increased with effect from 1st October. This is the minimum hourly rate that can be paid by employers. They take effect from the first “pay reference period” starting on or after 1st October. Therefore, for a weekly paid worker who is paid for a 5 day working week commencing each … Continue reading The National Minimum Wage is increased with effect from 1st October
Hard as it is to believe sat here in a short-sleeve shirt in beautiful sunshine but it is less than one month to the start of November and less than three months to Christmas. Some of you will recall that for the last couple of years we have been supporting the “Movember” campaign which aims to … Continue reading Movember
“IR35” was designed to stop tax avoidance through the use of “intermediaries”. It was designed to apply whenever a contract between the worker and the engager would have been a contract of employment except for the insertion of an intermediary. In these circumstances IR35 steps in to counter any tax savings from that insertion of … Continue reading What you need to know about the IR35 Concessions
The provision of private fuel with a company car can prove to be an expensive benefit. To avoid this, many employers who provide a car to employees require those employees to pay for all fuel and then to reimburse them for all miles driven on company business. Provided that the reimbursement is at a rate … Continue reading Fuel Reimbursement for Company Car Rates
Unless you work for the tax office then everyone can make a mistake. If you make a mistake in calculating your VAT then there are two methods of making an amendment. Method 1 is the simplest but can only be used for errors of a net value that do not exceed £10,000. It can also … Continue reading The Two Ways of Correcting VAT Errors