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23.06.2015
AUTO ENROLMENT FINES ISSUED
In their most recent quarterly bulletin the Pension Regulator revealed that they have issued the first fixed penalty notices. A fixed penalty notice under section 40 of the pensions...
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23.06.2015
MINIMUM WAGE INCREASE
1st of October 2014 saw the National Minimum Wage increase The adult rate increased by 3% from £6.31 to £6.50 The 18-20 year olds rate increased by 2% from...
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23.06.2015
RESEARCH SUGGESTS THAT TOO MANY MICRO EMPLOYERS ARE UNPREPARED FOR AUTO ENROLMENT
Research by the Pensions regulator shows that micro employers are unprepared for auto enrolment with as many as 20% of them unaware of their staging date. When asked if...
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23.06.2015
NEW EU VAT SCHEME FOR DIGITAL SERVICES BUSINESSES
Currently the place of taxation is determined by the location of the supplier. From the 1st of January 2015 the place of taxation will change to where the EU...
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23.06.2015
ERRORS BY HMRC CAUSE THE WRONG AMOUNT OF TAX TO BE PAID
Thousands of people will receive a second tax statement from HM Revenue and Customs after the first estimate was miscalculated. The HMRC states that errors had emerged in the...
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23.06.2015
AUTOMATIC ENROLMENT UPDATE
The Institute of Financial Studies (IFS) have announced that September is an important month for the Automatic Enrolment pension scheme. Those businesses with 61 employees begin their auto enrolment...
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