From 1 April 2017 the National Living/Minimum Wage rates will increase as follows: £7.50 an hour for workers aged 25 and over - previously £7.20 £7.05 an hour for workers aged 21 to 24 – previously £6.95 £5.60 an hour for workers aged 18 to 20 – previously £5.55 £4.05 an hour for workers aged 16 to… Continue reading National Living/Minimum Wage Changes from 1 April 2017
In our Winter 2016 newsletter we led with an article about the new Tax-Free Childcare scheme that was expected to be launched in early 2017. HM Revenue and Customs have today launched the Childcare Choices website which can be reached from the related article: https://www.gov.uk/government/news/uk-families-will-soon-see-bills-cut-as-date-announced-for-the-launch-of-tax-free-childcare The article also gives details of the availability of up… Continue reading Are you a parent? What are your childcare choices?
I am sure that you have seen the headlines in the papers this morning about the Budget and for a detailed analysis please see the report on our website: http://www.torrwaterfield.co.uk/news/budget-report. The items that have caught my attention and I think are relevant to most people are as follows: National Insurance for the self-employed At present,… Continue reading Spring Budget 2017
Every year we support a different charity and this year it is the Alzheimer’s Society. I think most of us know friends or family that have been affected by dementia. Currently around 850,000 people in the UK have been diagnosed and of those, 42,000 are under 65. This total is predicted to rise to over… Continue reading Torr Waterfield’s 2017 charity of the year – Alzheimer’s Society
As you may or may not be aware The Royal Mint has revealed that a new issue of the £1 coin is to take place and is set to be released on 28th March 2017. So why change? Approximately 1 in 30 £1 coins are counterfeit – this in itself is a fairly high amount.… Continue reading Time for new change