Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin. The February issue has information on various topics, including: Please contact us for help with tax matters. Internet link: Employer Bulletin
Payroll
Proposed HMRC powers to collect data on hours worked scrapped
The government has stopped controversial plans to collect information about the exact hours worked by every employee in PAYE returns. The data collection on employee hours was meant to start…
Labour market challenges remain as wages grow
The UK labour market remains challenging as employers cut staff numbers and wage growth accelerated, according to the latest data from the Office for National Statistics (ONS). Average weekly earnings…
Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin. The December issue has information on various topics, including: Please contact us for help with tax matters. Internet link: Employer Bulletin
National Living Wage rises by 6.7%
Over three million workers will receive a pay boost after Chancellor Rachel Reeves confirmed the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025. The…
Chancellor promises to drive growth and raises £40 billion in taxes
Chancellor Rachel Reeves pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’ in the Autumn Budget. The Budget, which was Labour’s first in over 14 years and the first ever delivered…
Autumn Budget – the business reaction
Business groups have reacted to Chancellor Rachel Reeves’ Autumn Budget speech. The Confederation of British Industry (CBI) said that the Chancellor ‘had difficult choices to make to deliver stability for the…
Autumn Budget 2024 Guide
The Autumn Budget was delivered by the Chancellor Rachel Reeves on Wednesday 30 October. In presenting Labour’s widely anticipated first Budget in 14 years, the Chancellor was faced with a…
Autumn Budget 2024 Key measures at a glance
Following Rachel Reeves’ budget earlier today we have summarised below the key tax changes and announcements she has made: Our full detailed guide on the Budget and our Tax Tables…
Government announces apprenticeship reforms
The government has announced an overhaul of the UK’s apprenticeship system. A new growth and skills levy which will replace the existing apprenticeship levy and include new foundation apprenticeships. The…
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