Spring 2017

From last year we had the introduction of a national living wage on top of the national minimum wage. Instead of these being increased at two different times in the year (October and April) they have been … [Read more...] about Up, up and away…

We all know that pension contribution rates will be going up. Well, it is still a while away but just so you can’t say I didn’t warn you, the new rates are shown here. Key dates Minimum employee Minimum … [Read more...] about Pensions – what will it cost?

As an employer, you may have to pay the new apprenticeship levy (AKA tax) from 6 April 2017 if: You have an annual pay bill of more than £3 million, and You are connected to other companies or … [Read more...] about The Apprenticeship Levy – what you cannot ignore

New thresholds detailed below but if you want edited highlights; personal allowance has been increased by £500 to £11,500 so your new standard tax code will be 1150L, we are also seeing for the first time … [Read more...] about New rates and thresholds for tax year 2017-18

Here are the new thresholds for Plan 1 for 2017. Despite pressure from many quarters the government is continuing to freeze the threshold for Plan 2 until at least 2021. This is a back-track from when it was … [Read more...] about Student tax