HMRC have increased the threshold for VAT registration to £83,000 for the year 2016-17. The threshold was £82,000 for 2015-16. If your turnover will reach this threshold over a 12 month period then you must register your business for VAT. This equates to a monthly turnover of around £6,900. You should keep a record of […]
Archives for April 2016
Pension auto enrolment has arrived!
Several of the employers we work with reached their Staging Date between January and March enabling us to finally complete the set up process which we started for them many months ago. March saw the largest number of new customers so far for our Auto Enrolment service indicating that employers have realised that they do […]
The benefits (or not) of the living wage
The living wage of £7.20 per hour came into effect on Friday 1st April for employees aged 25 and over but how does this affect employers and how does this benefit employees? On my drive to work this morning the media are still talking about how employees will have an extra 50p per hour in […]