The Driver & Vehicle Standards Agency has released its response to a consultation with the industry to “Improve the car driving test”. In their conclusion they say: “This paper reports the outcome of the Driver and Vehicle Standards Agency’s (DVSA) consultation about changes to the…
Month: April 2017
New accounts filing regulations for smaller companies
Companies house recently published the following news story. Changes to UK company law removed the option for small companies to file abbreviated accounts for accounting periods starting on or after 1 January 2016. Small companies If you are a small company, you have 4 options…
What are your responsibilities to pay the National Minimum Wage
The current state defined wage rates are divided between the National Living Wage (NLW) – this is currently set at £7.50 per hour and only applies to workers aged 25 years and over – and the NMW for workers under 25 years. The NMW hourly…
Tax free capital gains
Is there such a thing as a tax-free capital gain? In fact, there is… Every UK resident tax payer is allowed to make tax-free gains of up to £11,300 during the current tax year, 2017-18. Additionally, you can sell personal possessions and make a gain…