The Real Living Wage is set to increase by 10%, the Living Wage Foundation has announced. The rate will rise to £12 an hour across the UK and £13.15 an hour in London. The increase will affect over 460,000 people working for 14,000 Real Living Wage employers across the UK.... read more →
Dec
04
Dec
04
The UK government has agreed an 'historic' commitment with 48 countries to combat criminals using crypto assets to evade tax. The landmark agreement follows on from the UK's tax deal made in 2021 to clamp down on corporate tax avoidance and 'ensure the right tax is paid in the right... read more →
Dec
04
HMRC is ‘Making Tax Difficult’ for taxpayers as Making Tax Digital (MTD) adds to the burdens they face, according to a report by the Public Accounts Committee (PAC). The report says that HMRC has lost sight of the need to put taxpayers at the heart of changes to the tax... read more →
Dec
04
The tax cuts announced in the 2023 Autumn Statement won't prevent tax revenues rising to their highest ever levels, the Institute for Fiscal Studies (IFS) has warned. The IFS stated that announcing tax cuts in response to 'highly uncertain' changes in assumptions about the UK's medium-term economic prospects 'does not... read more →
Dec
04
The changes to National Insurance contributions (NICs) announced by Chancellor Jeremy Hunt in the Autumn Statement will help to 'ease the burden on strivers up and down the country', according to the Federation of Small Businesses (FSB). Mr Hunt used his Autumn Statement speech to cut the main rate of... read more →
Nov
06
HMRC has published the latest issue of the Employer Bulletin. The October issue has information on various topics, including: electric charging of company cars and vans at residential properties paying your PAYE Settlement Agreement reporting PAYE information when payments are made early at Christmas new guidance for employment businesses who... read more →