Fines for employers of illegal workers increased by a quarter on last year - www.recruiter.co.uk reports "The number of fines meted out by government to companies found to be employing illegal workers has increased 24% year-on-year. Recruiter can reveal a Freedom of Information Act request from umbrella company Parasol found 2,262 civil penalties were issued by the Home Office to employers of illegal workers in the UK last year, up from 1,822 in 2013. Meanwhile, the request also found … [Read more...]
Archives for March 2015
Important HM Revenue & Customs Intermediary Reporting Requirements
HM Revenue & Customs Intermediary Reporting Requirements Make sure you are fully compliant Wednesday 25th March 2015 Further to our recent blog and subsequent newsletter at the beginning of this month, you will hopefully be fully aware now, that as from 6 April 2015, intermediaries must return details of all workers they place with clients where they don’t operate Pay As You Earn (PAYE) on the workers’ payments (i.e. for self-employed workers and all other payments made to those who … [Read more...]
2015 Budget
With the 2015 Budget finally here, we wait to see what Chancellor of Exchequer announces today. The main topic's of focus are thought to be Income Free Tax Allowance, Tax Avoidance, Pensions, Child Benefit and the Scrapping of Annual Tax Returns. ePayMe will be keeping you up to date with the latest information throughout the day. Let's see what George Osborne has to say! … [Read more...]
2015 Budget Announcement
2015 budget ANNOUNCEMENT Wednesday 18th March 2015 Today Wednesday 18th March 2015, Chancellor of Exchequer George Osborne presented the Budget Statement to the House of Commons, outlining the state of the current economy and proposals for changes to taxation. George Osborne opened the 2015 Budget with "Today I report on a Britain that is growing, creating jobs and paying it's way." with the government making "different decisions... and it worked. Britain is walking tall again." The question … [Read more...]
LATEST 2015 BUDGET UPDATE!!
2015 BUDGET - UPDATE!! As the 2015 Budget begins George Osborne states: "Today I report on a Britain that is growing, creating jobs and paying its way." He says the government took "difficult decisions... and it worked. Britain is walking tall again." With the ongoing issue of Tax Avoidance Osborne announces new measures on tax avoidance and tax evasion, in a crackdown to raise £3.1bn. … [Read more...]
2015 BUDGET UPDATE! – Severn Toll Cuts
2015 BUDGET - UPDATE!! Making local announcements the chancellor announces : "The Severn Crossing's toll rates are to be cut from 2018 -" Helping the drivers of white vans … [Read more...]
2015 BUDGET UPDATE – TAX RETURNS
2015 BUDGET - UPDATE!! - TAX RETURNS George Osborne announces, class 2 national insurance contributions for the self-employed are to be abolished completely, to help support five million people who are self-employed. As well as the annual tax returns (paper) is to be removed entirely. "We believe people should be working for themselves, not for the taxman. Tax doesn't have to be taxing." … [Read more...]
2015 BUDGET – UPDATE!! – PERSONAL ALLOWANCE & HIGHER TAX RATE
2015 BUDGET - UPDATE!! - PERSONAL ALLOWANCE & HIGHER TAX RATE It has been announced that the personal Tax Free Allowance will increase to £10,800 next year and increase again to £11,000 the following year, effecting an estimated 27 million people. George Osbourne has also confirmed that the threshold in which workers will be required to pay the higher Tax rate will increase to £43,300 by 2017-18 … [Read more...]
Changes to the regulations surrounding the ‘Amendment Regulations’ comes into force this April
Changes to the regulations surrounding the ‘Amendment Regulations’ comes into force this April From 8th April 2015 the DWP (Department for Work & Pensions) have confirmed that there will be a change in regulations (The Social Security (Overpayment and Recovery) Amendment Regulations 2015). With this in place, the DWP will be able to issue a Direct Earnings Attachment up to a maximum of 40% increasing from the current maximum of just 20%. This will be implemented in cases where a individual … [Read more...]
Budget 2015 ‘to restrict, not remove, contractor expenses’ : Contractor UK
With the budget taking place next week, travel and subsistence expenses are high on everyone’s minds! Contactor UK reports: http://www.contractoruk.com/news/0011956budget_2015_restrict_not_remove_contractor_expenses.html … [Read more...]