Autumn Statement Review 2016 Autumn Statement Review 2016 For Employers The new chancellor has announced the autumn statement review. We look at this from an employers viewpoint. National Living wage A rise in the National Living Wage will come into effect from April 2017. For over 25’s this will increase from £7.20 to £7.50 per…
Employment Allowance 2016 The Government announced in the Autumn Statement plans to increase the National Insurance contributions (NICs) employment allowance 2016 from £2,000 to £3,000 a year from April. For companies where the director is the sole employee this allowance is now being restricted. From April 2016 sole director companies where the director is the only…
HMRC Quarterly Business Tax Returns More than 100,000 small firms have signed a petition demanding a rethink on proposals requiring most businesses to file HMRC quarterly business tax returns instead of annual tax returns via digital tax accounts. The petition was started on 16 December 2015 on the Government’s own portal. It has now received over 100,000 signatures which is the…
Autumn Statement Review 2015 Autumn Statement Review 2015 and How It Affects Employers The Chancellor George Osborne has delivered his Autumn Statement and Spending Review. This sets out the Government’s plans for the nation’s finances. Here are some of the key points that will affect employers:- The apprenticeship levy will be introduced in April 2017. It will…
