Pension Auto-enrolment – new earnings thresholds announced

Pension Auto-enrolment – new earnings thresholds announced

New Earning Thresholds Announced The Government has set out the earnings thresholds for automatic enrolment into a qualifying workplace pension scheme that will apply from 6 April 2015. The lower limit of the qualifying earnings band will increase from £5,772 to...
New statutory payment amounts for tax year 2015/16

New statutory payment amounts for tax year 2015/16

The standard weekly rates of Statutory Maternity Pay (SMP) and Statutory Adoption Pay (SAP) and the weekly rates of Statutory Paternity Pay (SPP) and Shared Parental Pay (ShPP) will increase from £138.18 to £139.58 – it is assumed this will be for payment weeks...
New stamp duty rates for house purchases

New stamp duty rates for house purchases

The Chancellor announced a major reform to Stamp Duty Land Tax in the Autumn statement. He abolished the “slab system” in which the tax tax rate for each price band was charged on the full value. It is replaced by a slightly more complex but progressive...
Why UK businesses are forming Ltd companies

Why UK businesses are forming Ltd companies

There has been a marked increase in Company formations in the UK. A recent survey of 1,000 micro businesses by Mori cited the main reason for incorporation was the protection which Limited Liability provided (24%).  The second main reason was tax and national...
Do you tweet pictures of your food?

Do you tweet pictures of your food?

A popular New York City restaurant recently hired a firm to investigate why they continually kept receiving such bad reviews for slow service. Once the results came in they were shocked by what they discovered. They then decided to rant about it on Craiglist (content...