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Team4 News

Team4 News

New National Minimum Wage Effective From Today

The new minimum wage came into effect today, raising the pay for 21 year olds and over to £6.50. This increases the annual wage for a worker on a 40 hour week to £13,500. There has also been an increase for Apprentices, Under 18’s and 18 to 20 year old. Read more…

By Iain Berry, 6 years6 years ago
Team4 News

RTI Fees to Commence from 6th October 2014

HMRC have announced that late filing fees for Real Time Information reporting will commence from 6th of October 2014. The fines will begin in October and will be charged at a new rate, based on the number of employees on the companies PAYE scheme; the new fines can be seen Read more…

By team4solutions, 6 years6 years ago
Team4 News

Sage v21 is on its way – with some important changes

Sage are set to release their newest version of Sage 50 Accounts package, 2015 v21; which comes with a brand new layout, new features and some important changes. The newest version will have a brand new simplified layout, removing the options away from the left hand column where they used Read more…

By team4solutions, 7 years6 years ago
Team4 News

New Payroll Year End Procedure

Are you aware of the new Payroll year end deadline? Make sure you report by the 19th April to avoid any late filing penalties   With the introduction of Real Time reporting at the start of the 2014 tax year, HMRC also changed their requirements for the Payroll year end Read more…

By Iain Berry, 7 years7 years ago
Team4 News

Introduction of the new Employment Allowance

Introduction of the new Employment Allowance From 6th April 2014, you will be able to claim £2,000 off your class 1 National Insurance The Employment Allowance is available from 6 April 2014. If you are eligible you can reduce your employer Class 1 NICs by up to £2,000 each tax year…

By team4solutions, 7 years7 years ago

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