Posts by vicky
Self assessment taxpayers warned to watch out for scammers posing as HMRC
Self-assessment taxpayers warned to watch out for scammers posing as HMRC HMRC is warning self assessment taxpayers to be alert to the danger of scammers posing as the tax authority in the lead up to the tax return deadline. Every year HMRC issues thousands of SMS messages and emails as part of its push to…
Read MoreMinimum Wage Increases from April 2021
Minimum Wage Increases from April 2021 Increased minimum wage rates have been announced to take effect from 1 April 2021. The government has announced that the National Living Wage (NLW) will increase by 2.2% from £8.72 to £8.91, and will be extended to 23 and 24 year olds for the first time. For workers aged…
Read MoreGifts to employees can be tax-free
Gifts to employees can be tax-free Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise on the employee. A tax exemption is available which should help employers ensure that the benefits provided are exempt and do not result…
Read MoreGet prepared for the end of the Brexit transitional period
Get prepared for the end of the Brexit transitional period It is time to prepare for the end of the Brexit transitional period. Whilst the United Kingdom officially left the European Union (EU) on 31 January 2020, this prompted the start of an 11-month transitional period during which time the UK remains part of the…
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