ÀÏ˾»úÎçÒ¹¸£Àû

Tax News

SI 2024/432 The National Minimum Wage (Amendment) (No. 2) Regulations 2024

Published on: 28 March 2024
Published by a

Specialist Tax Statutory Instruments

Article summary

These regulations increase the various rates of the NMW from 1 April 2024 and extend the full main hourly rate of the National Living Wage to those aged 21 and over.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Popular Articles

Sales, advertising and marketing

Sales, advertising and marketingExpenditure on sales, advertising and marketing activities may include amounts which are disallowable for the purposes of calculating trading profits. This may be because the expenditure is:•capital in nature (see the Capital vs revenue expenditure guidance note)•not

14 Jul 2020 13:28 | Produced by Tolley Read more Read more

Loans written off

Loans written offCompanies sometimes provide directors, employees or shareholders with low interest or interest-free loans either as part of the reward package or on special occasions to help the individual meet significant expenditure. The employment income implications of these loans are discussed

14 Jul 2020 12:11 | Produced by Tolley Read more Read more

Bare trusts ― income tax and CGT

Bare trusts ― income tax and CGTThis guidance note explains how trustees of bare trusts are treated for income tax and capital gains purposes. Although a bare trust is, in equity, a type of trust, for both income tax and capital gains tax purposes its existence is transparent. This means that no tax

14 Jul 2020 15:34 | Produced by Tolley Read more Read more