-
-
Recent Posts
-
-
Chancellor Kwasi Kwarteng announces his ‘mini-budget’ with major tax cuts
-
Key points of October 2021 Budget from the Chancellor’s Autumn Budget and Spending Review
-
Self-Employment Income Support Scheme (SEISS) fourth grant – Applications must be made by 1 June
-
New Stamp Duty rates for non-UK residents
-
Highlights of 2021 Spring Budget announced by Chancellor of the Exchequer Rishi Sunak
-
Make a Time to Pay arrangement or pay tax by 1st April to avoid Self Assessment Late Payment Penalties
-
New rules for business travellers, cash declarations and on social security following UK’s exit from Europe.
-
No late filing penalty for Self Assessment 2019-20 tax return filed until 28th February.
-
Are you affected by coronavirus ‘reasonable excuses’ to meet Self Assessment deadline 31 Jan?
-
New lockdown grants to support retail, hospitality and leisure businesses worth up to £9,000 per property
-
CJRS (Furlough scheme) has been extended to end of April 2021
-
NHS & Healthcare workers tax refunds – Claim tax relief for your job expenses now.
-
Self-Employment Income Support Scheme (SEISS) third grant up to £7500: Applications now open
-
Spending Review 2020 – National Living Wage will increase & NHS Doctors and nurses will get a pay rise.
-
-
No Comments
Today the Chancellor announced significant infrastructure investment and increases in departmental spending, the most significant announcement today was the increase in the National Living Wage to £8.91 per hour. Below we summaries the key announcements.
National Living Wage
National Living Wage will increase by 2.2% to £8.91 per hour, affecting around 2 million workers. The change will take place from April 2021.
Public Sector Pay Rises
NHS Doctors and nurses will get a pay rise, as do public sector employees earning less than the median wage (£24,000 p.a.). However, all other public sector works will not receive an increase.
Departmental Spending
Day to day departmental spending is set to increase by 3.8%. Though international aid is set to fall, with the target of spending 0.7% of national income revised down to 0.5%.
James Jose
23. January, 2021.
Very pleased by Maatmann, very friendly, amazing service at great price.
Herve Rolland
19. October, 2020.
Maatmann is a very ethical and supportive accounting firm ideal for small businesses. They have provided me with great accounting and tax advice as well as being very responsive when I had questions. I would recommend them to any small businesses.
Joseph Mathew
14. October, 2020.
I am very pleased by Maatmann Accountants. They offer amazing service at a great price. They are very friendly and will explain small business accounting questions step by step to make sure your business is going in the right direction. I am very happy that I found their office. They saved me not only money, but time. A place to get things accounted. Thank you, again for the excellent service.
Thomas Mathew
13. October, 2020.
Maatmann Accountants are very good they Keep My accounting records of my company prepare Company Tax Return to work out how much CT to pay they sort my self assessment on time , Best part is that you don’t have to go to there office every thing is online, I received prompt service from them, I Recommend them for your Tax related Jobs .
Aloysius Mathew
7. October, 2020.
Maatmann Accountants have been providing exceptional services for all my account work since last few years. They have been managing my personal assessment and maintaining my business accounts. prompt, reliable, quick response to my queries. I recommend them to anyone who wants help with accounting and tax. great experience!
Tags: Economic Support, National Living Wage, NHS, NHS Doctors, Nurses, Spending review, Spending Review 2020
Categories: Business Support, National Living Wage, Spending Review, Work & Jobs
Categories: Business Support, National Living Wage, Spending Review, Work & Jobs
