From April 2021, the National Living Wage (NLW) will be the statutory minimum wage for workers aged 23 and over. It currently applies to workers aged 25 and over. The reduction in the NLW age threshold follows a review of the structure of the National Minimum Wage youth rates and

1 March 2021 – Due date for Corporation Tax due for the year ended 31 May 2020. 2 March 2021 – Self-assessment tax for 2019/20 paid after this date will incur a 5% surcharge. 19 March 2021 – PAYE and NIC deductions due for month ended 5 March 2021. (If

COVID-19 related support measures for UK businesses The Treasury is to continue the two existing major support schemes in an attempt to hold back a significant increase in unemployment rates as business owners grapple with the effects of COVID-19 disruption. Details are set out below. Coronavirus Job Retention Scheme This

More than a third (34.3%) of FTSE 350 board positions are now held by women, with the number of women on boards increasing by 50% over the last 5 years, data released today (Wednesday 24 February) shows, representing a dramatic shift in representation at the very highest levels of British

As your dedicated accountant, we’re here to help you manage any tax enquiries you might receive. It is vital to be led by specialist advice and guidance when dealing with HMRC. With the tax investigation fee protection service our fees will be paid for if HMRC investigate you. By subscribing

There is no guarantee that the heady mix of vaccination and easing of lockdown will contain the spread of COVID-19. However, based on government predictions, they are willing to start the process of easing lockdown restrictions. The relaxation of restrictions will depend on four tests. They are: The vaccine deployment

In a landmark decision handed out by the Supreme Court last week, the respondents, Yaseen Aslam, James Farrer, Robert Dawson and others have had their claim upheld that they are “workers” and not self-employed drivers for Uber; as such they qualify for rights under the Employment Rights Act, the Minimum

To qualify for the Self-Employed Support Scheme HMRC expects you to make an honest assessment about whether you reasonably believe your business will have a significant reduction in profits as well as meeting financial considerations based on previously submitted tax returns. The closing date for the third grant – 1

Many employed persons will have spent a large chunk of the current tax year, 2020-21, working from home due to COVID restrictions. HMRC will accept a claim to cover any additional costs you may have incurred. Must be required to work from home You may be able to claim tax

The UK Pensions Act will bolster protections for savers and further the government’s green agenda by supporting progress towards net zero. New powers to penalise errant bosses The Act will strengthen protections for pension savers by extending the powers of the Pensions Regulator, introducing the power to issue civil penalties