HMRC may be issuing penalties to businesses who have failed to notify them that they have received a grant, which they were not eligible for or an overpayment under the various support schemes that have been available through the Coronavirus pandemic. The factsheet available on the Government website gives further information on why and how these penalties will be issued, check if your business might be affected.
Please visit our tax rates guide to check the tax rates you are using from the 6 April 2025 are the correct ones.
From 1st April 2025, the national minimum & national living wage will be increasing to the following: New Old Apprentices* £7.55 £6.40 16-17 year olds £7.55 £6.40 18-20 year olds £10.00 £8.60 21 & over £12.21 £11.44 *The apprentice rate only applies to enrolled apprentices under the age of 19. Any apprentices aged 19 & […]
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