Employers should be aware that all minimum wage rates increase on 1 April of each year. This includes all National Minimum Wage rates and the National Living Wage rate. See the table below that shows the current minimum wage rates and new rates from April 2023:
Understanding that self-employed individuals and landlords are currently facing a challenging economic environment, and the transition to Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) represents a significant change to taxpayers and HMRC for how self-employment and property income is reported, the government is giving a longer period to prepare for MTD. The mandatory use of software is therefore being...
If you are involved in any of the tax avoidance schemes shown on this page, or recognise any of the promoters, enablers or suppliers, and are not already talking to HMRC about your tax position you should contact HMRC as soon as possible. There is more information about how to do this below. You can also report a tax avoidance scheme to HMRC. There are other...
Office holder A person who’s been appointed to a position by a company or organisation but does not have a contract or receive regular payment may be an office holder. This includes: statutory appointments, such as registered company directors or secretaries, board members of statutory bodies, or crown appointmentsappointments under the internal constitution of an organisation, such as club treasurers or...
