Tax Refunds For Work Expenses

Tax Refunds For Work Expenses

by | May 19, 2023 | Uncategorized

Attention employed workers! HM Revenue and Customs (HMRC) wants to remind you that you can claim a refund for your work-related expenses directly through GOV.UK. Last year, over 800,000 taxpayers claimed an average of £125 in tax refunds for work expenses. The good...
Voluntary National Insurance Contributions Extended Again

What are Voluntary National Insurance Contributions?

by | Apr 19, 2023 | Blogs

The government has extended the voluntary National Insurance contribution deadline of 5th April 2023 to 31st July 2023. What is a voluntary national insurance contribution? As part of transitional arrangements to the new State Pension, taxpayers have been able to make...
The New VAT Penalties Explained

The New VAT Penalties Explained

by | Feb 23, 2023 | Blogs

The new penalties are designed to be fairer and more proportionate for businesses who submit their VAT returns or pay their VAT late. The penalties will impact monthly returns and payments that are due by 7th March 2023.   The changes to VAT penalties and interest...
Minimum Wage Increase UK 2023 – Payroll

Minimum Wage Increase UK 2023 – Payroll

by | Feb 3, 2023 | Uncategorized

From the 1st April 2023 the minimum wage in the UK will be increasing The Government has announced the rates of the National Living Wage (NLW) and National Minimum Wage (NMW) which will come into force from April 2023. The new rates are as shown below: Rate from April...