Changes to VAT penalties and interest from 01 January 2023

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…

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New VAT penalty regime and other VAT news

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…

1.25% increase to NIC and dividend tax ratesĀ 

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…

Budget 2021

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…

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Update on Government schemes in response to COVID-19

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…

Dividend 2017/18 and 2018/19

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…

Autumn Budget 2017

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…

Changes to flat-rate VAT in more detail with examples

Non-compliance with minimum wage regulations A recent Low Pay Commission (LPC) report sets out its findings on the number of people being paid less than the statutory minimum wage.The LPC found that, in April 2018, 439,000 workers were paid less than the National Minimum Wage (NMW). Of this amount, 369,000 were employees aged 25 and…