Submitted by
Holly Nesbitt | on Mon, 06/24/2024 - 14:01 | In
Government
Labour Government
Current PositionLabour ChangesUnfair dismissal, sick pay and parental leave require qualifying service.Remove qualifying service requirementsStautuory sick pay only paid to those with a minimum level of earnings for a maximum of 28 weeks. A three day waiting period applies before SSP can be paid.Make it available for all workers and remove the waiting period. Rate to represent fair earnings replacement. Employers can use zero-hours contract.Zero-hours contracts will be banished. Employers can sack people who don’t agree to changes to [- -]
Submitted by
Holly Nesbitt | on Thu, 05/09/2024 - 13:15 | In
Uncategorized
After much speculation, Jeremy Hunt has now confirmed that the UK’s centuries- old remittance basis of taxation will be abolished. In its place, a ‘modernised residence-based regime’ has been proposed which aims to be simpler, fairer and more competitive’ will be introduced from April 2025.
In our view, while the new regime claims to be simpler and will no-doubt increase the tax burden for non-domiciled individual (so-called “non-doms”) who still choose to remain in the UK, it offers very little to [- -]
Submitted by
Holly Nesbitt | on Wed, 05/08/2024 - 14:45 | In
HMRC
When running a business, keeping on top of things like tax submissions and regulatory changes isn’t just smart; it’s crucial.
So, since it’s the end of the financial year, and we’re accountants, we thought we’d help you out with this.
To help you prepare for the financial year of 2024, here are the key financial dates to remember.
April 2024
6th April: New Tax Year and Employment Law Updates The new tax year starts on 6 April, bringing updates in employment law, [- -]