Free Event: Employment law and Health & Safety regulation
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Changes to Spring 2017 budget
There are a number of changes that have been listed in the budget announced recently. One of those changes was the increase in Class 4 National Insurance from April 2018.
Key changes for payroll
Personal allowance to rise to 11,500 from April 2017. This means that we all would have around £112 per year more in our pocket compared to 2016/17 along with this, the higher tax bracket will rise from £43,000 to £45,000 in April 2017.
Record keeping and book keeping
Important reminders for newly formed companies: Just to highlight the importance of keeping records. HMRC can impose penalties if the records are inadequate.