Monthly Archives: July 2013

Employers please note that the National Minimum Wage rates are increasing from 1 October 2013. They will be: Apprentice rates: £2.68 per hour. * But see note below. Under 18s: £3.72 per hour. 18 to 20 years: £5.03 per hour. Age 21 years and over: £6.31 per hour. *This is the rate for apprentices under 19 years old or in Continue Reading

The Budget 2013 included a stated intention that HMRC would be enabled to take a fresh look at the possible manipulation of profit and loss allocations from partnerships to secure a tax advantage. HMRC has since published a formal consultation on anti-avoidance legislation for LLPs. The effective date for proposed legislative changes is April 2014. HMRC are particularly concerned that Continue Reading

There are a number of circumstances where care needs to be taken in the way in which claims are made for the business use of a vehicle, usually a car, which has duality of use – business and personal. We have listed below a few issues that businesses and private car owners should be aware of. If you are self-employed Continue Reading

Readers may be interested to take a look at the conclusions reached by the recent G8 meeting at Lough Erne, Northern Ireland. Their full declaration is set out below: the aim is to improve tax transparency and to bring the international tax system into the modern age. The G8 Lough Erne Declaration – issued 18 June 2013 Private enterprise drives Continue Reading