Keltic Accounting

Accounting

  • National Living Wage & Minimum Wage Rates

    On 1 April 2020, the new National Living Wage (for employees aged 25 and over) and Minimum Wage (for employees aged 24 and under) rates will come into effect.

     

    Age
    Minimum Hourly Rate

    April 2019
    April 2020

    25 and over
    £8.21
    £8.72

    21 to 24
    £7.70
    £8.20

    18 to 20
    £6.15
    £6.45

    Under 18
    £4.35
    £4.55

    Apprentice rate (for apprentices under 19, or 19 or over but in 1st year of apprenticeship)
    £3.90
    £4.15

    The […]

  • Making VAT digital pilot about to go live

    When?
    From 1 April 2019 VAT registered businesses with a turnover in excess of the VAT threshold – currently £85,000 – must start keeping their business records digitally.
    What?
    You must be ready to submit your VAT returns via MTD (making tax digital) compatible software. In practice that means the first VAT return due on or after 1 […]