Yesterday Philip Hammond announced the 2019 Spring Statement. What did he say, but more importantly what does it mean for you?
View the Ashgates Spring Statement 2019 Report
Over recent years HMRC has increasingly cracked down on email and SMS phishing, and a number of criminals are turning to cold-calling publicly available phone numbers to steal money from taxpayers.
These calls are often made to landline numbers. According to Ofcom, nearly 26 million homes have a landline, many of which could be at risk from scams, especially if they are not ex-directory.
HMRC has issued Employer Bulletin (February 2019) which includes a number of interesting articles on:
Internet link: Employer Bulletin
With the end of the tax year looming there is still time to save tax for 2018/19.
Minimum pension contributions are set to increase from 6 April 2019:
The Pensions Regulator has produced guidance for employers on dealing with the increase including a letter template to advise employees of the change.
Contact us if you would like help with auto enrolment.
Internet link: TPR increases
The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for not complying with the NMW and NLW rules.