MD Consulting Newswire

May Newswire

Our aim is to keep you up to date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

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►► QUOTE OF THE MONTH

"If work was so good, the rich would have kept more of it for themselves."

►►New Minimum Wage Rates Set

The government has accepted the independent Low Pay Commission’s (LPC) recommendations for this year’s National Minimum Wage (NMW) rates.

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►►Don’t Forget To PAYE on Time, Says HMRC

HM Revenue & Customs (HMRC) has issued a reminder on due dates for PAYE payments made electronically.

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►►New Late Filing Penalties in Place

Taxpayers could find themselves paying a high price for submitting late tax returns under a new penalty regime introduced in April.

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►►US Offers Tax Disclosure Opportunity

American citizens and green card holders living in the UK are required to file annual tax returns and other information to the Internal Revenue Service (IRS).

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►►Government Says No To Early Access to Pension Savings

The government has decided to rule out further consideration of early access to pension savings for the time being.

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