We have responded to the Low Pay Commission (LPC) consultation 2024, taking the opportunity to highlight two recent developments in the labour market with both tax and National Minimum Wage (NMW) considerations.
Carer’s allowance has featured heavily in news over the last few weeks – in particular, reports of carer’s allowance being clawed back due to breaches of the earnings limit threshold. There are several reasons why the earnings limit threshold may appear to be exceeded, but in this blog we explore ...
Since the umbrella company consultation closed in August 2023, we have written several articles for ContractorUK on the topic, which we summarise here.
HMRC’s revamped app provides a convenient and user-friendly way to access your details and help you manage your taxes. In this article, we explore the app and list some of the useful things that you can do in it - including several that may offer you important information about your finances and ...
Thousands of UK employees could face an unexpected tax bill this year due to a little-known quirk in the tax system, the Low Incomes Tax Reform Group (LITRG) has warned.
There are 53 Thursdays and Fridays in the 2023/24 tax year, rather than 52. If you are weekly paid and will be paid on Thursday 4th or Friday 5th April, then you may encounter a ‘week 53’ issue which could impact your tax position.