Payroll

01 Dec Termination payments

Following a consultation that took place over the summer, the government confirmed that the £30,000 tax free exemption on termination payments would be retained. However, from April 2018 certain payments will no longer fall within the allowance.

It has been confirmed as part of the recent...

Read More

10 Nov Using labour providers

Labour providers are agencies that supply temporary workers to meet seasonal and market demand – sometimes called 'gangmasters'. There is a history of tax fraud and unpaid taxes (especially relating to VAT) through the use of labour providers. 

This mainly relates to businesses involved in the...

Read More

03 Nov UK Living Wage rates

The current National Minimum Wage (NMW) hourly rate is £6.95 for adults 21-24 year old and the National Living Wage is £7.20 for those aged 25 and over. The Living Wage Foundation (an initiative of Citizens UK) recently announced Living Wage rates for London and...

Read More