2020
National Living Wage set to increase from April
The National Living Wage (NLW) is set to increase by 6.2% to £8.72 in 2020 The government has confirmed that the new rate will start on 1 April 2020 and will result in an increase Read more…
HMRC
Savers face pension tax relief breaches
Hundreds of taxpayers could face unexpected tax bills for failing to declare pension contributions accurately on their self assessment returns HMRC’s most recent monthly pension schemes newsletter acknowledges the potential for problems. The newsletter states: Read more…
HMRC
HMRC advisory fuel rates for company car users from 1 December
HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 December 2019 cutting standard 1600cc minus mileage rates by 1p per mile to reflect lower fuel costs The advisory Read more…