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23.06.2015
NATIONAL MINIMUM WAGE WILL INCREASE FROM 1st OCTOBER 2015
As recommended by the Low Pay Commission, the government will raise the National minimum wage in October from £6.50 to £6.70 per hour for adults. This increase will also...
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23.06.2015
VAT: ACCOUNTING FOR GOODS THAT YOU GAVE AWAY OR EXCHANGED!
VAT registered businesses must charge VAT on taxable supplies of goods or services that they make. Supplies include day to day sales, free samples, part exchanges and barter transactions....
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23.06.2015
SIMPLIFIED EXPENSES FOR THE SELF EMPLOYED
Simplified expenses can be used by sole traders or partnerships that have no companies as partners. They cannot be used by limited companies or business partnerships involving limited companies....
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23.06.2015
THE BUDGET 2015: A BUSINESS WORKS SUMMARY
George Osborne set out a pre-election budget, his sixth as chancellor and the last of this current parliament. Check out the Key features of the budget that will affect...
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23.06.2015
THE GOVERNMENT CRACKDOWN ON UNCOLLECTED DEBTS – BE WARNED IF YOU OWE THEM MONEY
Like many other businesses, the government also faces the problem of uncollected debts. Their current amount of uncollected debts is an estimated £22.6 billion and they have announced plans...
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23.06.2015
INCREASED HELP FOR THOSE IN DEBT
The government has announced that from October 2015 the minimum level of debt for which someone owed money can force a person into bankruptcy from £750 to £5000. These...
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