National Insurance Contributions (NICs) are going up by a total of 2.5% points. This is being shared equally between employees and employers, with each paying 1.25% extra. Self employed taxpayers will also pay see their [...]
Not according to The Resolution Foundation’s recent report. They conclude that the current activity in the housing market is more influenced by other factors than the property transaction tax ‘holidays’ that were introduced by all [...]
Despite everything demanded of them during COVID-19, HMRC aims to recoup a total of £55.6million from the football industry in this tax year. It currently has open investigations on nine football clubs, 23 agents who [...]
Apprenticeships are programmes of combined work and study that lead to a recognised qualification. You are paid whilst undergoing the training – but how much? Pay Structure for Apprenticeships in England As an apprentice, you’re [...]
To encourage companies to pay the legal minimum wage to their employees, HMRC has employed the tactic of public shaming. Basically if you don’t, you’ll have to endure the negative publicity of appearing on HMRC’s [...]
There are an increasing number of companies taking payments in cryptocurrencies, alongside the usual cash, debit card and credit card payments. This includes established companies like Lush and newer businesses like WeWork. Obviously, this is [...]
The National Food Strategy: Part Two was published earlier this month. And, as usual, its recommendation to tax wholesale sugar and salt hit the headlines first. But it contains a more holistic view of the [...]
Working out your Inheritance Tax position is notoriously difficult. So this new, free online tool is a useful addition to HMRC’s support. It’s designed to help people figure out if they owe Inheritance Tax, how [...]
Business Secretary Kwasi Kwarteng reassures businesses that HMRC won’t heavy handed in their treatment of businesses that are in debt to the government. We’re all still in the context of uncertainty. New variants of the [...]
HMRC have just updated the basic information about this fifth and final Self-Employment Income Support Scheme (SEISS) grant. Check out what’s the same, what’s different and see if you’re eligible to make a claim. When [...]
