Apprenticeship levy funds transfer limit rises to 25%

The amount of apprenticeship levy funds that can be transferred to support apprenticeships at other employers has increased. From April 2019, the funds that levy-paying employers can transfer to support apprenticeships offered by smaller employers rose from 10%...

70% of small firm employees save into workplace pensions

Smaller employers have seen their workers' participation in workplace pensions increase to 70% since the introduction of auto-enrolment, research from the Institute for Fiscal Studies (IFS) shows. The report found that without auto-enrolment, 26% of staff in...

Most contractors unaware of IR35 changes

Contractors are still not fully aware of the changes to tax legislation that are set to take effect in a year's time, according to a survey from the Recruitment and Employment Confederation (REC). IR35 rules were reformed for the public sector in April 2017, with the...

Making Tax Digital for VAT comes into force

Making Tax Digital (MTD) is finally upon us, with more than a million VAT-registered businesses now included in the programme for VAT returns and record-keeping. While voluntary MTD pilots have been open to the public for income tax and VAT since 2018, this is the...

Rising probate costs delayed by Brexit

Plans to implement increased probate fees are being delayed as Parliament wrangles to resolve the ongoing Brexit stalemate. Bereaved families currently pay a flat fee of up to £215 to obtain the grant of probate needed in England and Wales to administer estates worth...