National Minimum Wage in the UK
Whether you are an employer or an employee, you should know about the national minimum wage. As an employer, you are expected to comply with the law and it is your responsibility to pay employees at or above the minimum wage and to issue payslips to them. As an...
Preview of July Tax Changes
As the policy continues to change, some important time points will occur in July. Some new changes require you to pay extra attention and complete them within the stipulated time. This month’s National Insurance (NI) changes will change the real income of most...
Will energy prices continue to rise?
Since energy prices once became a famous topic of social concern in April, a new round of energy price hikes is likely to rise again in October. Energy regulator Ofgem announced earlier this year that the new energy bill cap will be raised to £1,971 a year from...
Track Tax Evaders on Rental Income
If you want to hide your source of income tax from HMRC when buying a property, this is almost impossible. For property rental investors, actively reporting rental income tax is something you need to comply with. For HMRC, any source of income should be...