Vale & West Chartered Accountants Blog

Category Archives:Wages

What businesses need to know about recent updates to payroll

The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements. 

Read More

How the National Living Wage increase could affect businesses

At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.

Read More

What do you need to know about salary and dividends?

If you are a business owner, you need to consider what to take in salary or in dividends.

Read More

Construction subcontractors: All you need to know about payments

If you are a contractor working in the construction industry you are likely to rely on the services of subcontractors – but what rules do you need to consider when paying them?

Read More

UK business confidence hits a four-year high

Business confidence in the UK is at the highest level for more than four years according to a new survey, with nine of the 12 UK regions expecting growth.

Read More

Staff shortages: increased wages to entice workers could mean higher prices for customers

Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters – which could mean higher prices for customers.  Read More

National Minimum Wage investigations have drastically increased

National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research. Read More

More than 423,000 workers were paid less than the National Minimum Wage in 2019

More than 423,000 workers were paid less than the National Minimum Wage (NMW) in 2019, according to a recent study. Read More

IR35: House of Lords committee calls for reform of off-payroll working rules

A House of Lords committee report that is reviewing the planned changes to the IR35 off-payroll working rules has called for a reform of the rules, stating that there are ‘inherent flaws’ in the legislation. Read More

Employers should continue to meet automatic enrolment obligations despite coronavirus disruption, says TPR

Employers should continue to enrol, re-enrol and contribute towards workers’ pensions whether they are furloughed or not, The Pensions Regulator (TPR) has confirmed. Read More

Address: 26 Queen Victoria Street, Reading, Berkshire RG1 1TG
Telephone: 0118 957 3238
Fax: 0118 956 7282
Email: accountants@valewest.com