LATEST UPDATE - SUMMER BUDGET - YOUTH OBLIGATION "The chancellor says those aged 18 to 21 must either earn or learn, so he is abolishing automatic entitlement to housing benefit for that age group. This, he says, this will be new "youth obligation"." - BBC.CO.UK … [Read more...]
LATEST UPDATE – SUMMER BUDGET – FREE CHILDCARE
LATEST UPDATE - SUMMER BUDGET - FREE CHILDCARE "From September 2017, all working parents of three and four-year-olds will receive free childcare of up to 30 hours a week, he says. This was a key election manifesto pledge. "As a result we now expect parents with a youngest child aged three, including lone parents, to look for work if they want to claim Universal Credit," he adds." - BBC.CO.UK … [Read more...]
LATEST UPDATE – SUMMER BUDGET – TAX FREE ALLOWANCE
LATEST UPDATE - SUMMER BUDGET - TAX FREE ALLOWANCE "Rates of income tax remain unchanged but the thresholds do not. The personal allowance goes up to £11,000 from next year. The threshold at which the higher rate kicks in will go up to £43,000. 29m people will pay less tax, he says." - BBC.CO.UK … [Read more...]
BREAKING NEWS!!! LATEST UPDATE – SUMMER BUDGET – TAX FREE ALLOWANCE
BREAKING NEWS!!! LATEST UPDATE - SUMMER BUDGET - TAX FREE ALLOWANCE "Here it is. The headline grabber. "Britain deserves a pay rise," says the chancellor, announcing a new national living wage. It'll be £9 per hour by 2020 for people 25 and older. And it'll start at £7.20 an hour from next April." - BBC.CO.UK … [Read more...]
Summer Budget – Tax evasion, avoidance and aggressive Tax planning
Chancellor of Exchequer George Osborne presented us with the Summer Budget today, voicing the Governments plans for the up and coming years, now we are in a new parliamentary term. Tax evasion, avoidance and aggressive Tax planning were all in the spotlight as Osborne promised to continue to fight against non-compliant Tax avoidance schemes as they have done meeting the target of £5 billion over the past year. "I turn now to combatting tax evasion, avoidance and aggressive tax planning. We’re … [Read more...]
Key points from the Summer Budget 2015
KEY POINTS FROM THE SUMMER BUDGET 2015 Wednesday 8th July 2015 Today, Chancellor of Exchequer George Osborne stood up once more, this time presenting the Summer Budget Statement to the House of Commons, as a wholly Conservative Government, for the first time in nearly twenty years. Outlining the Governments plans for the up and coming years, George Osborne opened the discussion with "We have a job to do and we're here to get on with it. ...This will be a Budget for working people " … [Read more...]
Government campaign plans to increase small companies awareness of their obligation surrounding auto enrolment
Government campaign plans to increase small companies awareness of their obligation surrounding auto enrolment of workers into pension schemes. With over 47,000 medium to large employers already registered to auto enrol their workers into the workplace pension scheme since the process begun in 2012, the Government is now focusing on the 1.3 million small to micro companies with 1-49 workers, that are required to auto enrol their workers into a workplace pension scheme by 2018. The governments … [Read more...]
HM Revenue & Customs invest £45 million to improve Customer Services
HM Revenue & Customs invest £45 million to improve Customer Services Calling HM Revenue & Customs is always a stressful experience, being left on hold wondering if someone will ever pick up but you are not alone. It is estimated that only 66% of taxpayers were able to get through to a member of the HM Revenue & Customs team in the month of September 2014, leaving 2.4 million calls unanswered. With this falling below the 80% target of calls that should be answered to sustain a … [Read more...]
What has the Government got in store for us in the Summer Budget
Next week see's the arrival of the 2015 Summer Budget, being presented by a wholly Conservative Government, the first time in nearly two decades. The Budget will provide us with an indication of the Governments plans for the up and coming years, now we are in a new parliamentary term. With Tax, National Insurance, IR35, Pensions and Apprenticeships being just some of the topics we anticipate being discussed, we will have to wait until the 8th July to see the full extent of the Governments … [Read more...]
0800 and 0808 numbers will be free to call from UK mobiles as well as landlines from July 1st
From the 1st July 2015, all 0800 and 0808 numbers will be FREE to call from UK mobiles as well as landlines. Figures show that 60% of calls made within the UK originate from mobile devices and if given the choice, 63% of the public would always call Freephone numbers first. Therefore, the revision to allow mobile users to call 0800 for free has been a much needed change, with some networks currently charging around 20p per minute to call a 0800 number. At ePayMe, customer satisfaction has … [Read more...]