Dear customer, The National Minimum Wage (NMW) is more than just a pay rate, it’s a calculation. Part of that calculation includes pay, but what is pay for NMW purposes? The answer may surprise you. Mistakes are easy to make…
Dear customer, If you have income from property or self-employment, you will be legally required to use Making Tax Digital from: • April 2026 if you earn £50,000 or above • April 2027 if you earn £30,000 or above •…
Latest from HMRC: Dear customer, Knowing what business expenses you can claim for, along with regular record keeping, can help you keep track of how your business is doing – as well as making sure you pay the right…
Dear customer, The National Minimum Wag…
New ‘Help for Hustles’ campaign HMRC has launched a new ‘Help for Hustles’ campaign this month to help those earning extra income through side hustles to get their tax right.What is a ‘side hustle’?A ‘side hustle’ describes ways of…
Dear ANWG members, The HMRC Stakeholder Digest provides a monthly round-up of our latest news and updates. We’d be grateful if you would share relevant information with your clients or members. The January 2025 digest includes: Filling National Insurance gaps…
Latest from HMRC: Dear customer,…
Register for Self Assessment by 5 October It’s time to remind members of the public that they should register for Self Assessment by 5 October if they need to complete a tax return for the 2023 to 2024 tax year,…
HMRC says: “If you’ve already filed your tax return, thank you – you can ignore this email. If you think you don’t need to file a Self Assessment tax return for the 2023 to 2024 tax year, you must let…
If you’re running a small business, the prospect of VAT can be terrifying. In reality, it may never apply, it could actually be beneficial if you’re purchasing lots of goods and some contracts maybe VAT-exempt. It can be easier than…
