The Isle of Man has reviewed and announced interim increases to the Minimum Wage, and a future change to align with the Living Wage. At the May 2024 sitting of Tynwald, the following interim increased Minimum Wage Rates were approved. These rates apply from 1st July 2024. From 1st July 2024 rates The Tynwald has … Continue reading Isle of Man – Minimum Wage increase 1st July 2024
Month: May 2024
EU Settlement Scheme changes
The changes will ensure that citizens can continue to prove their rights easily, and bring greater clarity for those required to check immigration status. Changes to the EU Settlement Scheme have been announced which will ensure that all those granted pre-settled status under the EU Settlement Scheme can continue to prove their rights easily, and … Continue reading EU Settlement Scheme changes
Child Benefit for your 16 to 19 year old – Don’t loose out, extend
How to claim Child Benefit if your child is continuing in further education after their GCSEs. More than a million parents will receive reminders from this week to extend Child Benefit for their teenagers if they are continuing their education or training after their GCSEs. HM Revenue and Customs (HMRC) is sending more than 1.4 … Continue reading Child Benefit for your 16 to 19 year old – Don’t loose out, extend
Social Housing Tenants given new rights
Social housing tenants will be able to access the information they need to hold their landlords to account and drive up the quality of homes and services they provide. A consultation on new rules, will allow social housing tenants or a representative, such as a lawyer, to request information for free about the … Continue reading Social Housing Tenants given new rights
More named tax avoidance umbrella schemes bagged
HMRC have named more umbrella tax avoidance schemes that don’t work as part of the 72 tax avoidance named schemes. And there will be more under investigation or not yet caught. Added avoidance schemes are Goldfish Umbrella Limited, Signature Vintage Limited and We Are Ava Limited, of course they all claim full compliance with legal … Continue reading More named tax avoidance umbrella schemes bagged
DWP plan to catch benefit cheats
Department for Work and Pensions announces it has saved £1.3 billion from fraud and error Government updates plan to further crack down on benefit cheats, including creating new legal powers and hiring more staff Changes expected to save the taxpayer £9 billion by 2027/2028, and follows Prime Minister’s sweeping welfare reform package last month The Government reveals that it has saved the taxpayer … Continue reading DWP plan to catch benefit cheats
File your Self Assessment early! Why?
HMRC are encouraging tax payers to not wait and file their Self Assessment tax return early. They state: You do not have to wait until 31st January 2025 (the filing deadline) to do your Self Assessment tax return – as soon as the tax year ended (5th April 2024), you can submit your tax return … Continue reading File your Self Assessment early! Why?
Pension rights when on maternity leave
Pension contributions during Statutory Maternity Leave One of the common questions in payroll and employment rights social media groups is around employer duties to employees who are on maternity or adoption leave. There are subtle differences between what are labelled as Defined Contributions to a Money Purchase pension scheme (which include all Group Personal Pension … Continue reading Pension rights when on maternity leave
Four facts about apprentice pay – Low Pay Commission
The following is based on a blog by the Low Pay Commision published 3rd May 2024. Apprenticeships are a great way to obtain skills with entering the workplace. However, not all jobs called an Apprenticeship are really and some employers have been found breaching National Minimum Wage. Of genuine apprentices, 1 in 5 (20%) of … Continue reading Four facts about apprentice pay – Low Pay Commission
Grandparent, or other family member, who care for a child under 12? Specified adult childcare NI credits
If you are looking after a child under 12 whilst their patent (or main cater) is working you may be entitled to receive NI credits if you are a grandparent, or other family member. These credits have been available since April 2011. If you qualify you must make an application to receive the NI credits. … Continue reading Grandparent, or other family member, who care for a child under 12? Specified adult childcare NI credits
Football agent fees – avoiding penalties
HMRC have published updated guidance on their view on dual representation, and the approaches to take to lower the risk of tax non-compliance. These will help football agents avoid penalties! These Guidelines for Compliance (GfC) are for football agents and football clubs. They focus on: HMRC’s view on dual representation contracts Employer Duty and VAT compliance risks … Continue reading Football agent fees – avoiding penalties
HMRC receives funding to man phone lines
Today the Financial Secretary has announced £51 million in funding for HMRC to help them deal with the pressures on their phonelines and help provide the level of services tax payers expect. This announcement does not affect the HMRC strategy to become a digital first tax administration and they continue to welcome your cooperation and … Continue reading HMRC receives funding to man phone lines
Job Reference – what about absence?
The question on social media has been asked on what absence can be shown on a job reference from a former employer? What may be good, as part of the answer, is to cover general principle of what a reference can or cannot be and where it stands with regard to potential areas of discrimination … Continue reading Job Reference – what about absence?
Applying for a Student loan – get your NINO
With A level students planning their next steps in life, those starting university in September can ‘tap the app’ to get National Insurance and tax information they need to complete their student finance applications, HM Revenue and Customs (HMRC) has said. Those applying for a student loan for the 2024 to 2025 academic year are … Continue reading Applying for a Student loan – get your NINO
With Accent Umbrella? Get out!
Accent Umbrella Ltd (AUL) has been named by HMRC as a promoter of tax avoidance schemes. Please be cautious following advice from these entities about joining other umbrella companies. We advise users of this scheme to contact us to get help to exitHMRC Accent Umbrella advertised itself as ‘the perfect compliment to your work life. … Continue reading With Accent Umbrella? Get out!
National Insurance cut is live
Millions of workers checking payslips will have seen reductions in National Insurance contributions (NICs) As the economy turns a corner, the government is claiming to reward hard work, with over £900 a year boost for typical worker They state it is another step in ‘long-term ambition to end unfair double tax on work’ There are … Continue reading National Insurance cut is live
Time to renew for tax credits
Tax credits claimants are due to receive their renewal notice from 2nd May. Around 730,000 tax credits claimants will start receiving their annual renewal notices from this week. HM Revenue and Customs (HMRC) said claimants will receive them between 2nd May and 19th June 2024. The vast majority will be automatically renewed. Notices with a … Continue reading Time to renew for tax credits
Deliveroo, Just Eat and Uber Eats to enhance checks to prevent illegal working
Leading food delivery companies will introduce enhanced security checks on their apps to prevent the market being abused by illegal workers, following discussions with the government. Deliveroo, Just Eat and Uber Eats are taking steps to protect the British public’s safety by preventing exploitation of account sharing by those looking to work. Michael Tomlinson, the Minister … Continue reading Deliveroo, Just Eat and Uber Eats to enhance checks to prevent illegal working

















