VAT scale charge where fuel is used for private motoring

Most limited companies do not provide fuel for private use, as the tax charge is normally greater than the cost of the fuel. So the following applies more often to partnerships and sole traders, where there is an apportionment between business and private use. VAT fuel scale charges, for taxing private use of road fuel,…

National Minimum Wage from 1 October 2013

  The National Minimum Wage rates are increasing from 1 October 2013. They will be:   •         Apprentice rates: £2.68 per hour. * But see note below. •         Under 18s: £3.72 per hour. •         18 to 20 years: £5.03 per hour. •         Age 21 years and over: £6.31 per hour.   *This is the rate…