Tag: Government
HMRC Delays Introduction Of Off-Payroll Rules To Private Sector
HMRC has delayed the introduction of off-payroll rules to the private sector as part of its measures to support businesses through the COVID-19 pandemic.
Chancellor Unveils Help For Self-Employed Workers
On 26 March, Chancellor Rishi Sunak announced a scheme to help self-employed workers who have been hit by the COVID-19 crisis.
Chancellor’s Business Support Packages For Coronavirus Pandemic
On 17 March, Chancellor Rishi Sunak unveiled a £330 billion package of support for the UK economy as it combats the COVID-19 pandemic.
Freeports
The government has launched a consultation on proposals to create up to ten freeports across the UK which would have different customs rules than those which apply in the rest of the UK.
Additional Financial Support For Flooding Victims
The government has pledged thousands of pounds in additional financial support for victims of the recent floods.
Minimum Wage Increases
The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for not complying with the NMW and NLW rules.
Review Confirms Off-Payroll Working Rules To Go Ahead From April 2020
The government has confirmed that reforms to off-payroll working rules for the private sector will go ahead from 6 April 2020.
Scottish Budget
Minister for Public Finance and Digital Economy, Kate Forbes, delivered the 2020/21 Scottish Draft Budget on Thursday 6 February 2020, setting out the Scottish Government’s financial and tax plans. The current Scottish income tax rates and bands for 2019/20 and
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New Right To Paid Parental Bereavement Leave
The government has confirmed that parents who suffer the loss of a child will be entitled to two weeks’ statutory leave. Under the new entitlement working parents who lose a child under the age of 18 will get two weeks’
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Review Of The Disguised Remuneration Loan Charge
The government has announced it will make a number of changes to the loan charge rules, in response to Sir Amyas Morse’s independent review of the loan charge policy and its implementation.
Minimum Wage Rates Announced
The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over.
Research And Development Spend
The Office for National Statistics (ONS) has revealed that UK businesses spent £25 billion on Research and Development (R&D) in 2018.
