Monthly Archives: March 2017

National Minimum Wage and National Living Wage To Rise From 1st April 2017

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Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
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British one pound coins in a stackFrom April 1st 2017 the national minimum wage and national living wage will be going up for workers in the UK. Find out more about the increase in this blog post, including the new rates and how you can ensure you are being paid the correct amount by your employer.

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Spring Budget Updates: Small Business Will Have An Extra Year To Prepare For Digital Tax

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Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
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What Should You Expect When Working With An AccountantAs part of the spring budget, the chancellor has pledged that small businesses and landlords that fall under the VAT threshold will have an extra year to prepare for MTD; this is considered great news for the 3.1 million small businesses that fall into this category.

The announcement comes after many small business owners voiced their concern about the digital tax timeframes, with many citing they would need to make substantial investments on administration, software and technology upgrades in order to be ready to switch on the MTD deadline. Find out more about these changes, and what they mean for small businesses and landlords.

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