Payroll Changes: April 2026! The Good, the bad and the ugly! Good News first: No uplifts in tax codes! Only a slight change to the National Insurance contributions: the lower-level limit (LEL is increasing to £129/week). Qualifying thresholds for pension auto enrolment will stay the same. The Bad: Minimum wage increase: aged 21+ £12.71, 19-20: £10.85, 16-18 and apprentices in their first year: £8 Statutory Parenting Pay rates will increase to £194/32. The Read more…
MTD Who? What? When? Where? Why? Who? MTD will affect, at first, anyone who’s business has a £50,000 or greater turnover. What? MTD is a new process that HMRC has created to help self employed people to send in quarterly returns compared to an annual one. This will also mean that the returns are in Real time compared to the current set up being 9 months later that the information provided. When? The first Read more…
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.