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FEB
24
National Insurance 21/22
By:
admin
on
FEB
24
National Insurance rises Pending the introduction of the Health and Social Care Levy from 6 April 2023, Class 1 (employers and employees), Class 1A, Class 1B and Class 4 National Insurance contributions will all rise by 1.25% for 2022/23 only. This means that if you are an employee, you will pay […] The post National Insurance 21/22 appeared first on BFMS Accountants and Business Advisers.
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OCT
20
Residential stamp duty land tax threshold is increased temporarily to £500,000
By:
admin
on
OCT
20
The residential stamp duty land tax threshold is increased temporarily to £500,000 until 31 March 2021. Where completion takes place on or after 8 July 2020 and on or before 31 March 2021, no SDLT is payable on the first £500,000 of the consideration where the property is the only or […] The post Residential stamp duty land tax threshold is increased temporarily to £500,000 appeared first on BFMS Accountants and Business Advisers.
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MAR
20
Government Support for All Businesses – COVID19 Virus
By:
admin
on
MAR
20
We are sure that you are aware of the support that the Government have put in place during the current COVID19 virus to date, however we want to ensure that you are fully up to date and aware of support available to you. We write to let you know that we […] The post Government Support for All Businesses – COVID19 Virus appeared first on BFMS Accountants and Business Advisers.
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MAR
12
OFF-PAYROLL WORKING
By:
admin
on
MAR
12
Plan ahead for changes to off-payroll working rules From 6 April 2020, the off-payroll working rules as they currently apply where services are provided through an intermediary to a public sector body are to be extended to the private sector. From that date, private sector organisations which are medium-sized or large […] The post OFF-PAYROLL WORKING appeared first on BFMS Accountants and Business Advisers.
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NOV
01
Dates for YOU!
By:
admin
on
NOV
01
Some dates for your diary in 2019 November 2019 1 November Corporation tax due for companies with a 31 January 2019 year end. 2 November P46(Car) for quarter to 5 October 2019 due to HMRC. 5 November End of PAYE month 7. 7 November Due date for VAT returns for periods […] The post Dates for YOU! appeared first on BFMS Accountants and Business Advisers.
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APR
05
Increase of automatic enrolment contributions
By:
admin
on
APR
05
The minimum contributions you and your staff pay into your automatic enrolment workplace pension scheme will increase from 6 April 2019. This is also sometimes known as phasing. It is your responsibility to make sure these increases are implemented. Who does this apply to? All employers with staff in a pension […] The post Increase of automatic enrolment contributions appeared first on BFMS Accountants and Business Advisers.
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MAR
25
Ensuring Minimum Wage compliance
By:
admin
on
MAR
25
UK law gives rights to employees and ‘workers’, a minimum wage among them. Employers are obliged to pay minimum rates – there are no exceptions for smaller employers. For those aged 25 or over, this is called National Living Wage (NLW). For those below this age, it is National Minimum Wage […] The post Ensuring Minimum Wage compliance appeared first on BFMS Accountants and Business Advisers.
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MAR
05
HMRC require employers to include additional information on payslips
By:
admin
on
MAR
05
From April 2019 HMRC require employers to include additional information on payslips New legislation in force from April 2019 will require all employers to (a) provide payslips to all workers, and (b) show hours on payslips where the pay varies by the amount of time worked. This guidance from HMRC is […] The post HMRC require employers to include additional information on payslips appeared first on BFMS Accountants and Business Advisers.
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NOV
13
Living Wage Introduced 01.04.16
By:
Gemma
on
NOV
13
From 01.04.16 the Government are introducing a new mandatory National Living Wage for all workers aged 25 and older. This will be £7.20 an hour. The National Minimum Wage will continue to apply to employees under the age of 25. For employers in sectors such as retail and hospitality where many workers are paid at […] The post Living Wage Introduced 01.04.16 appeared first on BFMS Accountants and Business Advisers.
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APR
16
Minimum Wage Will Rise Again 01.10.14
By:
Gemma
on
APR
16
From 01 October 2014 the rate of minimum wage will rise again:- * Aged 18 or under, or 19 and over but in the first year of their apprenticeship – otherwise the development or adult rate applies according to age The post Minimum Wage Will Rise Again 01.10.14 appeared first on BFMS Accountants and Business Advisers.
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