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Category Archives: Latest News

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Government to raise auto-enrolment upper limit

Posted on January 15, 2016 by Howard Roth

From April 2016, the Department for Work and Pensions (DWP) is raising the qualifying earnings upper limit for auto-enrolment from its 2015/16 value of £42,385 to £43,000 in 2016/17. The lower limit qualifying earnings band will remain at £5,824 and … Continue reading →

Getting digital with online Personal Tax Accounts

Posted on January 14, 2016 by Howard Roth

Many UK taxpayers are now able to manage their tax affairs following the launch of Personal Tax Accounts.

BIKs review means tax exemption

Posted on January 12, 2016 by Howard Roth

The Government is set to implement a statutory tax exemption from income tax and National Insurance Contributions for low-value benefits in kind (BIK). As part of the Finance Bill 2016, it will be set at a £50 limit from 6 … Continue reading →

Late payment terms remain miserable for small businesses

Posted on January 11, 2016 by Howard Roth

Efforts to eliminate the problem of late payments in the small to medium-sized enterprise (SME) sector is not working, according to a new study by invoice specialists Tungsten Network.

Businesses aren’t prepared for the National Living Wage

Posted on January 8, 2016 by Howard Roth

From 1 April this year every business will need to pay employees over the age of 25 the new statutory National Living Wage (NLW) of £7.20 per hour.

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