Pro-Taxman

National Living wage

National Living Wage and National Minimum Wage changes from April 2021

Under the minimum wage legislation, workers must be paid at least the statutory minimum wage for their age. There are two types of minimum wage – the National Living Wage (NLW) and the National Minimum Wage (NMW). From 1 April 2021, as well as the usual annual increases, the age threshold for the National Living …

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Are you a working parent? You might be missing out on £2,000 per child per year towards the cost of childcare.

Tax-free childcare update HMRC have recently run a campaign to remind people that they could be missing out on up to £2,000 per child, per year, towards the cost of childcare. Working parents and guardians may be eligible to receive government top-ups of £2 for every £8 that they pay into a tax-free childcare account, …

Are you a working parent? You might be missing out on £2,000 per child per year towards the cost of childcare. Read More »