The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over. From 1 April 2020 the NLW will rise from the current rate
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Budget will not now take place on 6 November On 25 October 2019 the Chancellor of the Exchequer Sajid Javid wrote to the Treasury Select Committee to confirm that the Budget will not
Phishing warning: tax refund email targets university students HMRC has warned that university students are being bombarded with fake tax refund emails. The scammers have targeted university students in an attempt to
News: December 2015 Tax credit u-turn In the Summer Budget the Chancellor proposed cutting the rates and thresholds for working and child tax credits. This would have reduced the income of many low-paid
News: December 2015 Property investors hit with stamp duty land tax increases In the Summer Budget the Chancellor announced a restriction on the deductibility of interest from rental income for individual landlords of
News: December 2015 ...And will have to pay CGT earlier CGT is normally payable by individuals by 31 January after the end of the tax year in which the gain arose. This gives
News: December 2015 No change in ISA limits for 2016/17 The annual limit for savings in an ISA has been frozen at £15,240 for 2016/17. The Junior ISAs limit has been frozen at
News: December 2015 Car and fuel benefit charges Diesel company cars currently carry a 3% supplement on the percentage of list price used to calculate the taxable benefit. This diesel supplement was to
News: December 2015 Private use of company vans Where employees are provided with a company van, the taxable benefit increases from £3,150 to £3,170 for 2016/17 and there will be an additional taxable
News: December 2015 Company car advisory fuel rates Not part of the Autumn Statement, but you need to know that some of the rates are reduced from 1 December 2015 (previous rates are
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