Monthly Archives: September 2014

Government raises minimum wage to £6.50 an hour

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According to the BBC, the government have announced that the national minimum wage will increase at the beginning of October 2014 by 19p an hour and is expected to benefit an estimated one million low-paid workers. This 3% rise is the first time in 6 years that … Continue reading

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Pay As You Earn Penalties

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HMRC will introduce in-year penalties for failing to file PAYE submissions on time from 6 October 2014. Therefore, all submissions for your PAYE scheme should be up to date by 5 October 2014.     Penalties will apply if: A … Continue reading

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New government scheme removes stumbling blocks to help home businesses

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It’s clear that the government are taking notice of the huge impact that small businesses have on the UK economy as a whole and if there is a right time to start your own small business, why not make it now? You may … Continue reading

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