A report by the Office of Tax Simplification (yes, one really does exist) in 2017 floated the idea of reducing the VAT registration threshold. Currently, the VAT registration threshold in the UK is £85,000. It has steadily risen over time, and is currently one of the highest in the EU. The average threshold for VAT …
If you are an employer, there is a strong chance that you will have encountered Workplace Pensions (also known as Auto Enrolment Pensions). These are the mandatory pension schemes introduced by the Government in 2012. They have been successful in introducing millions of employees to pension schemes over the last 6 years. To date, the …
If you are an employer, you may be affected by the changes to the National Living Wage. These come into effect from 1 April 2018. The main rate for employees 25 and over is increasing from £7.50 p/h to £7.83 p/h. The rate for employees aged between 21 and 24 is increasing from £7.05 p/h …