National Living Wage and National Minimum Wage rates for 2022

The UK Government have announced the rise in the National Minimum Wage and National Living Wage from April 2022.

In full, the increases are:

• National Living Wage (23+) to increase from £8.91 to £9.50
• National Minimum Wage (21-22) to increase from £8.36 to £9.18
• National Minimum Wage (18-20) to increase £6.56 to £6.83
• National Minimum Wage (16-17) to increase £4.62 to £4.81
• Apprenticeship Wage to increase from £4.30 to £4.81

See: UK government announces pay rise for millions of people - GOV.UK (https://www.gov.uk/government/news/uk-government-announces-pay-rise-for-millions-of-people)

April 2019 Tax Tips & News

Welcome... To April's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. If you need further assistance just let us know or you can send us a question for our Question and Answer Section. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Please contact us for advice in your own specific circumstances. We're here to help! April 2019 · Treasury under pressure to debate probate 'tax' · Making Tax Digital update · Employee mileage allowances · NMW and NLW increases take effect · April questions and answers · April key tax dates

April 2018 Tax Tips & News

Welcome... To April's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. If you need further assistance just let us know or you can send us a question for our Question and Answer Section. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Please contact us for advice in your own specific circumstances. We're here to help! April 2018 · Offshore income and the RTC rule · Wales ready for tax changes · Finance Act 2018 changes affecting partnerships · NMW and NLW increases take effect · April questions and answers · April key tax dates

April 2016 Tax Tips & News

Welcome to April's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

If you need further assistance just let us know or you can send us a question for our Question and Answer Section.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice in your own specific circumstances. We're here to help!

April 2016

· OTS recommends simplifications for small companies

· Close alignment of income tax and NICS

· National minimum wage increases announced

· Guidance on SDLT Budget reforms

· April Questions and Answers

· April Key Tax Dates

eNews - February 2016

Welcome to the February 2016 edition of ‘Hillmans Tax Tips & News’, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman.

If you need further assistance just let us know or you can send us a question for our Question and Answer Section.

We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice in your own specific circumstances. We're here to help!                          

February 2016 Contents

· Stamp Duty Land Tax (SDLT) on additional properties

· HMRC prepare for National Living Wage (NLW)

· Simplification of VAT MOSS for small businesses

· Could EA exemption be avoided?

· February Questions and Answers

· February Key Tax Dates

Summer Budget 8th July 2015

SUMMARY

Chancellor George Osborne has delivered the first Budget by a wholly Conservative government in almost 20 years. The March 2015 Budget provided some clues as to possible new measures and of course, the Conservative election manifesto contained a wide range of commitments to be introduced during the course of the current parliament.

The Chancellor said that this is a Budget for working families in a 'one-nation society'. In 'a big Budget for a country with big ambitions', he focused on how the government will continue with its deficit-reduction plans, whilst giving the promised support to 'hard-working families'. He said that whilst the deficit would be cut at the same pace as under the previous government, it would be a bold budget containing bold new measures.

As predicted, savings in welfare spending of around £12bn, and increases in revenue from tax avoidance and evasion to yield around £5bn made an early couple of headlines in the Chancellor's speech.