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.
Seasonal Greetings from Harris Accountancy
“It has been a year since I took over Harris Accountancy as its owner. I was delighted and overwhelmed by the support received from all! I thank you” – Shaziya Somji.
National Minimum Wage updates
The National Minimum Wage has gone up and that means young people are set to receive an average £450 pay rise per year. The hourly rate for the minimum wage depends on your age and whether you’re an apprentice.
Updates and Deadlines
It has been a good year so far! Harris Accountancy Services is now a certified Proadvisor for QuickBooks accounting software enabling us to assist you with your book keeping.
Pensions Auto Enrolment
The law on workplace pensions has changed. Every employer with at least one member of staff now has new duties in relation to workplace pension schemes.