Financial eNews

Increases to NMW penalties and latest targets

The Government has announced that rogue employers who do not pay their workers the National Minimum Wage (NMW) will face an increased penalty of up to £20,000 as part of a Government crackdown.

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No penalties for some late Self Assessment returns

HMRC have announced that more than 10 million tax returns were filed on time meeting the 31 January deadline.

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PAYE end of year approaching

HMRC are reminding employers that with the end of the 2013/14 tax year approaching they will soon need to make their final 2013/14 PAYE (RTI) submission.

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DWP issue guidance on new Class 3A NI

The Government wants to offer help to existing pensioners and people who reach State Pension age before 6 April 2016, when the single-tier pension is introduced.

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Excuses excuses

HMRC have released the 'Top 10 oddest excuses' for sending in a late self assessment return.

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Help to buy mortgage guarantee completions

The Government has announced that 'nearly 750' homes have been bought and 6,000 offers made since the mortgage guarantee scheme started.

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