by Simon Baxter | Jan 19, 2015 | Business Updates
New Earning Thresholds Announced The Government has set out the earnings thresholds for automatic enrolment into a qualifying workplace pension scheme that will apply from 6 April 2015. The lower limit of the qualifying earnings band will increase from £5,772 to...
by Simon Baxter | Jan 12, 2015 | Business Updates
The standard weekly rates of Statutory Maternity Pay (SMP) and Statutory Adoption Pay (SAP) and the weekly rates of Statutory Paternity Pay (SPP) and Shared Parental Pay (ShPP) will increase from £138.18 to £139.58 – it is assumed this will be for payment weeks...
by Ray Baxter | Dec 11, 2014 | Business Updates, Cloud Computing
The Chancellor announced a major reform to Stamp Duty Land Tax in the Autumn statement. He abolished the “slab system” in which the tax tax rate for each price band was charged on the full value. It is replaced by a slightly more complex but progressive...
by Ray Baxter | Oct 28, 2014 | Business Updates
There has been a marked increase in Company formations in the UK. A recent survey of 1,000 micro businesses by Mori cited the main reason for incorporation was the protection which Limited Liability provided (24%). The second main reason was tax and national...