HMRC News

Marriage Allowance - a tax break

The government has today opened registration for the new Marriage Allowance, a tax break for married couples, helping them save up to £212 a year.

Applying online is straightforward. Couples can register their interest to receive the Allowance now at http://www.gov.uk/marriageallowance.

From 6 April 2015, more than 4 million married couples and 15,000 civil partnerships will be eligible for the tax break. The Allowance means a spouse or civil partner who doesn’t pay tax, or doesn’t pay tax above the basic rate of income tax, can transfer up to £1,060 of their personal tax-free allowance to a spouse or civil partner – as long as the recipient of the transfer doesn’t pay more than the basic rate of income tax.

Employer Bulletin Issue 50

Issue 50 of the Employer Bulletin is now available. Aimed at employers and agents, it contains important information and news about topics which may affect payroll obligations to HMRC.

Visit here for access

National Minimum Wage - 1st October 2014

There are currently three different national minimum wage (NMW) rates, which are usually updated in October each year. The rates that apply from 1st October 2014 are as follows:

  • for workers aged 21 years or more - £6.50 per hour
  • for workers aged 18 to 20 inclusive - £5.13 per hour
  • for workers aged 16 to 17 for workers above school leaving age but under 18 - £3.79 per hour
  • for apprentices under 19 or 19 or over and in the first year of their apprenticeship - £2.73 per hour*

*This rate is for apprentices under 19 or those in their first year. If you’re 19 or over and past your first year you get the rate that applies to your age.

Further details can be found at the Gov.uk website click here