SELF-ASSESSMENT TAX RETURN
The Self-Assessment Return deadline of 31 January is fast approaching. Any late return will incur an automatic fine of £100, more if the return is for a partnership!
If you need to file a return which you need help with, or not even sure if you need to file a return please contact us for a free consultation. Self-assessment returns need to be completed by all self-employed, company directors and certain employees who receive benefits or claim expenses.
HEURES D'OUVERTURE PENDANT LES FETES
Veuillez noter que nos bureaux seront fermés à partir de 17h00 vendredi 21 décembre jusqu’à 9h00 jeudi 27 décembre.
Nous souhaitons à tous nos clients un très Joyeux Noël !
OPENING HOURS DURING THE FESTIVE PERIOD
Please note that our offices will be closed from 5pm on Friday 21st December until 9am on Thursday 27th December.
Wishing our clients a very Merry Christmas!
News from Martlet Partnership
Update : National Minimum Wage
The national minimum wage sets minimum hourly rates that employers must pay their workers. It covers almost all workers in the UK and is divided into three rates that apply to workers of different ages.
The NMW rates are reviewed each year by the Low Pay Commission and from 1 October 2011:
- the main rate for workers aged 21 and over will increase to £6.08
- the 18-20 rate will increase to £4.98
- the 16-17 rate for workers above school leaving age but under 18 will increase to £3.68
- the apprentice rate, for apprentices under 19 or 19 or over and in the first year of their apprenticeship will increase to £2.60
Almost all workers who work in the UK are entitled to the national minimum wage. But there are some groups who aren't entitled, including:
- self-employed people
- children who are still of compulsory school age
HMRC enforces the national minimum wage. From 6 April 2009, if HMRC finds you have underpaid the national minimum wage it will issue a notice of underpayment. This will show the arrears you must pay to your workers and the penalty you must pay to HMRC.
The penalty is 50 per cent of the total underpayment that has occurred from 6 April 2009. This figure will be shown separately on the notice of underpayment. There is a minimum penalty of £100 and a maximum of £5,000. If you pay the arrears and the penalty within 14 days of the date on which the notice of underpayment is served, you only need to pay half of the penalty.
If you receive a notice of underpayment you have a right of appeal. You can appeal against:
- HMRC's decision to issue a notice of underpayment
- any requirement imposed by the notice of underpayment
For more information or advice please contact The Martlet Partnership Payroll Department on 01903 600555 or email firstname.lastname@example.org