Category Archives: Uncategorised

Time to check Minimum Wage Rates?

HM Revenue and Customs (HMRC) has issued a statement urging students and other summer workers to check that they are being paid the correct National Minimum Wage (NMW) rates. In the 2020/21 tax year, HMRC helped over 150,000 workers across the UK to recover over £16 million remuneration that was due to them because incorrect…
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Claiming for work-related expenses

The tax office is now open for claims from employees that have incurred work-related costs for the year to 5 April 2021 and have not been – and will not be – reimbursed by their employers. How to make a claim – the DIY approach You can claim online, by post or by phone. This…
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Is inflation something to be concerned about?

Inflation is a measure of how much the value of currency depreciates each year. For example, if prices for a loaf of bread rise by 3% in a year, you would have to earn that extra 3% to continue to purchase bread, so your extra earnings would have no extra value. According to the Bank…
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Is July 19th freedom-day?

Next week, many of the present lockdown regulations in England are being relaxed. But cautionary guidance has also been published. It recommends: Meeting in well-ventilated areas where possible, such as outdoors or indoors with windows open. Wearing a face covering where you meet people you do not normally meet in enclosed and crowded spaces. Washing…
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