Following a period of faster than anticipated growth at the end of 2013, the economy has continued to strengthen with consistent growth throughout the first half of 2014. Gross domestic product (GDP) increased 0.8% in the second quarter of 2014 and was around 3.1% higher than the same period in 2013. The economy has grown for 6 consecutive quarters, the Continue Reading
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New Publications on Website
Every month we add two technical publications to our website. This month's publications are: VAT Schemes https://mccleary.wpengine.com/wp-content/uploads/2014/08/mcclearyandcompanyltdPWP_APU_Aug14_vatschemes.pdf August 2014 Economic Update https://mccleary.wpengine.com/wp-content/uploads/2014/08/mcclearyandcompanyltdPWP_APU_Aug14_economicupdate.pdf
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National Minimum Wage (NMW) rates and penalties
Last week we published details of who is, and who is not, entitled to payment at National Minimum Wage rates. This week we have listed the current rates of NMW that apply. There are currently three aged based national minimum wage rates and an apprentice rate, which are usually updated in October each year. The rates that apply from 1 Continue Reading
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Exporters data to be released by Government
UK businesses should be aware that the Government are consulting on the possible release of data held by public departments, particularly, HMRC. We have reproduced extracts from a recent press release that sets out the scope of the present consultation. “The data held by the public sector is among the most useful and valuable anywhere. This is why the Continue Reading
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