The UK national minimum wage will increase from 1 April 2021. The rates for the various groups of workers can be viewed in the following attachment. A breach of this legislation is a criminal offence therefore it is advisable to review all payroll records to ensure that they are fully compliant with the relevant hourly rates.
As HMRC interest rates are linked to the Bank of England base rate, the increase from 4.25% to 4.5% last week has triggered another increase in rates for late payments and repayment of tax. HMRC’s lat
The Bank of England has announced today they will raise the interest rate from 4.25% to 4.5%. Therefore, this is the 12th consecutive increase due to inflation remaining stubbornly high. 📞 028 406 30
As the new tax year had started on 6 April 2023, you can start thinking about filing your UK Self-Assessment Tax Return for tax year 2022/23. If you need any assistance regarding this, our dedicated t
