Minimum Wage rates are set to rise in October
Rates are as follows:
| Old Rate | Rate from
1st October 2015 |
|
| For Adults (over 21) | £6.50 | £6.70 |
| Development Rate for age
18 to 20 years |
£5.13 | £5.30 |
| For age
16 to 17 years |
£3.79 | £3.87 |
| Apprentice Rate | £2.73 | £3.30 |
Tax codes for this new tax year beginning 6th April 2015 will increase by 60 if you have a tax code ending in L
(eg if your tax code was 1000L for the tax year ending 5th April 2015, your new tax code for this year will be 1060L)
Payroll Year End – 19th April 2015 deadline
Don’t forget, you must submit your end of year declarations to HMRC no later than 19th April 2015.
If you need help or advice on this, please contact us here
ACT NOW!
The law on workplace pensions has changed. Every employer with at least one member of staff must automatically enrol those who are eligible into a workplace pension scheme and contribute towards it.
The pensions regulator will send a series of communications about these new legal duties, so you need to nominate a member of staff to be the contact person by 30th April 2015.
Go to www.tpr.gov.uk/letter for all the details
If you fail to comply with your duties you could be fined and/or prosecuted
If you would like a hard copy sending out to you, please contact us here
Or read it online here: DCAS Spring Newsletter 2015