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Starting a Business

National Minimum Wage rises

The National Minimum Wage (NMW) is a minimum amount per hour that most workers in the UK are entitled to be paid. NMW rates increases come into effect on 1 October 2015 and are as follows:

Budget summary and Tax rates 2015/16

Please see our Budget summary and video summary (above) of the main changes that will quickly bring you up to speed and hopefully be a lighter read than the hundreds of pages of government and HMRC press releases.

Need to know more about Auto Enrolment?

If RTI had your head spinning, are you sure you want to continue processing your payroll when the additional burden of Auto Enrolment is mandatory for your business?

Auto Enrolment seminar - 26 February 2015

Prime, in conjunction with Solihull Chamber of Commerce, will be holding a special Auto Enrolment seminar on 26 February at our Solihull office.

Incorporation - restriction of relief for goodwill and Entrepreneurs’ relief

Corporation tax relief is given to companies when goodwill and intangible assets are recognised in the financial accounts. Relief is normally given on the cost of the asset as the expenditure is written off in accordance with Generally Accepted Accounting Practice or at a fixed 4% rate, following an election.

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