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Self-employed? 12 tax changes you need to know for 2018-19

Here’s What You Need to Know if You’re Self-Employed If you’re running your own business, every penny counts – and tax rules can have a huge impact on how much you earn. As the new tax year kicks off, find out how taxes will impact your bottom line. The new tax year starts on 6…

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National Minimum Wage and National Living Wage rates

Minimum Wage and Living Wage April 2018 The hourly rate for the minimum wage depends on your age and whether you’re an apprentice. You must be at least: school leaving age to get the National Minimum Wage aged 25 to get the National Living Wage – the minimum wage will still apply for workers aged 24…

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New NMW & NLW come into force on 1st April 2017

The New National Minimum Wage (NMW) and National Living Wage (NLW) rates are coming into force from 1/4/2017. Aged 25 or over £7.50 per hour Aged 21 to 24 £7.05 per hour Aged 18 to 20 £5.60 per hour Under 18 £4.05 per hour Apprentice £3.50 Apprentices are entitled to the apprentice rate if they…

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New National Minimum Wage Rates from 1st October 2016

Employers are reminded that the new National Minimum Wage (NMW) rates are coming into force this weekend from 1st October 2016. National minimum wage (NMW) rates will increase on 1 October by between 3% and 4.7% for workers under the age of 25 and apprentices.   Age 21 to 24 £6.95 18 to 20 £5.55…

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