What is Auto Enrolment? The new Pension Auto Enrolment regulation brought in by the government requires employers to make provisions for a pension scheme for their employees. Every qualifying employee must be automatically enrolled into the scheme, and the employer must also make a mandatory contribution to it. The new…
What is it? Chancellor George Osborne announced during his budget that a new National Living Wage (NLW) will be coming into force from April 2016, replacing the current National Minimum Wage (NMW). The NMW is currently £6.70 an hour, but the new NLW will start at £7.20 an hour, and…
What is it? Chancellor George Osborne announced during his budget that a new National Living Wage (NLW) will be coming into force from April 2016, replacing the current National Minimum Wage (NMW). The NMW is currently £6.70 an hour, but the new NLW will start at £7.20 an hour, and…
What Changes have been Made? From April 2016, there will be a change in tax regulation for Scottish taxpayers. Scottish taxpayers will pay 10p per pound less UK income tax, while a simultaneous new Scottish income tax will be introduced at 10p per pound. The Scottish government has the power…
What Changes have been Made? From April 2016, there will be a change in tax regulation for Scottish taxpayers. Scottish taxpayers will pay 10p per pound less UK income tax, while a simultaneous new Scottish income tax will be introduced at 10p per pound. The Scottish government has the power…