Tranter Lowe (Oakengates)

The national minimum wage (NMW) for adults will increase by 20p to £6.70 on 1 October 2015, the government has announced. This represents the largest real-terms increase in the NMW in 8 years. The apprentice rate will also see a record increase of 57 pence to £3.30. The government has rejected the recommendations of the.

There are a number of VAT schemes that benefit registered businesses. For example: Cash accounting If you are eligible and the scheme is suitable for your business, then using the cash accounting scheme enables you to pay VAT when your invoice is paid and not when you issue the invoice to your customers.