The New State Pension – As good as expected?
As you will be aware, the Government introduced a new State Pension system, which came into force on 6th April 2016. The aim of the changes were to make retirement income easier to understand and fairer for all. But, some people yet to start to draw their State Pension may find they are not entitled to the new full flat rate entitlement of £159.55 a week.
Naylor Wintersgill Golf Day 2017
On the 19th May we were joined by 56 clients and contacts for our annual golf day at Shipley Golf Club. The day saw 14 teams head out onto the green to fight for 1st prize, with the winning team finishing with a score of 56.9...
BREAKING NEWS: Making Tax Digital plans dropped from Finance Bill
In the light of the General Election to be held on 8 June, the Government have announced that the draft legislation for Making Tax Digital will not be included in the Finance Act which is expected to become law by 28 April 2017.
Making tax digital – Tax is changing!
The biggest change to the administration of tax since the first half of the last centenary is fast approaching. HM Revenue & Customs (HMRC) has confirmed its intentions to transfer to a fully digital tax system and work towards digital tax accounts for all by 2020.
National Living Wage Increases from April 2017
As part of the Autumn Statement, and following the recommendations of the independent Low Pay Commission, the government has announced that it will increase the National Living Wage (NLW) by 4.2% from £7.20 to £7.50 from April 2017.
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