National Minimum and National Living Wage rates on 1 April 2018

These changes include the largest increases in a decade for the rates, that apply to 18-20 and 21-24 year olds. More employers than ever will be directly affected by these increases, including those who currently pay above the minimum. Get prepared, see the new rates below and ensure you pay all your workers correctly. These … Continue reading National Minimum and National Living Wage rates on 1 April 2018

2018/19 capital gains tax annual exemption set at £11,700

The Capital Gains Tax (Annual Exempt Amount) Order 2018 sets the annual exempt amount for individuals in 2018/19. What does it mean? When is CGT charged? CGT is charged on any chargeable gains made during the year that are in excess of the annual exempt amount, after losses and reliefs have been applied. However, non-UK … Continue reading 2018/19 capital gains tax annual exemption set at £11,700