Accountancy Highlights

Reducing Your Marginal Rate of Tax

Umbrella Vs Limited Company set-up

Treasury to clamp down on stamp duty avoidance

Growth in the market for contractors in the UK

Proposal to merge PAYE and National Insurance

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Amazon Increases Minimum Wage for its Staff

Amazon increased the minimum wage for its staff from November 2018. Workers in the US will see their minimum wage increase from $10 an hour to $15. The minimum wage paid to employees in the UK will increase from £7.83 to £9.50.


Unilever Scraps Move to the Netherlands 

UK investors voted against Unilever’s plans to move its headquarters from London to the Netherlands. The decision would have resulted in Unilever falling out of the FTSE100. The withdrawal allows Britain to keep one of its most valuable companies as we approach Brexit.


Crossrail Delayed Till Autumn 2019

The long awaited £15 billion Crossrail project has been delayed by 9 months. The project was due for completion in December 2018 but has now been pushed back to Autumn 2019 and is £600m over budget. The news is disappointing for British businesses and commuters.

Once completed, Crossrail will give rise to a new East-West rail link across London. The Elizabeth line will be added to the tube network and will run from Reading in the West to Shenfield in the East and will run through the heart of London, stopping at Paddington, Bond Street and Liverpool Street amongst others. The new line will be good news for contractors as it will offer greater access to Reading and Heathrow airport via the tube network.