The NLW increased from £7.20 to £7.50 per hour on 1 April 2017. Out of 835 businesses surveyed by the Federation of Small Business (FSB), 39% have put up prices to cope with the NLW increase. Almost one in four (24%) firms either cancelled or downscaled investments, while 22% reduced working hours and 19% hired[…]
Self-assessment reminder The deadline to submit your online tax return for 2015/16 is no later than midnight on 31 January 2017. Here are the 5 step guide necessary to complete self-assessment on time. 1. Information you need You’ll need your most up to date records at hand, including: business expenses PAYE records (if applicable) VAT[…]
As you are aware from 6th April 2013 the Government introduced a new way of operating the Pay As You Earn (PAYE) scheme for most employers. The new system is called Real Time Information (RTI). We wrote about the changes in our November 2012 e-shot newsletter, and below is the link to the article https://www.jackross.com/real-time-information-rti-are-you-ready/ This[…]