What’s the Difference Between Living Wage and Minimum Wage?

Do you understand the difference between living wage and minimum wage? For any business owner, it’s so important to recognise for the sake of your employees. Living wage vs minimum wage is constantly a topic of conversation in the business world. Accountants from The Kelvin Partnership can ensure you know all there is about wages …

U-Turn On Self Employed Class 4 NIC Increases

The Chancellor has announced on 15 March that he would not be going ahead with his Budget proposal to increase the National Insurance Contribution rates for self-employed people. In the Budget of 8 March 2017, he announced that Class 4 NIC rate for the self-employed would rise by 1% to 10% in 2018/19 and by …

Spring Budget 2017

The Chancellor of the Exchequer, Philip Hammond, delivered his first Budget against a backdrop of a more-buoyant-than-expected UK economy post-Brexit and improved tax receipts. Set against these were concerns about funding the NHS and social care, and the impact on business from changes to business rates. Here are some of the key tax and related …

Steady for the short term – taking stock after the Brexit vote

The outcome of the Referendum confounded the predictions of the opinion polls, the bookies and the markets. All three ended the working day on 23 June with the assumption that the Remain side would win, albeit by a small margin. That consensus is one reason why the markets moved so sharply when the results emerged. …