We have summarised the important bits from Alistair Darling’s pre budget report yesterday for contractors in the UK. Read the details of the Pre Budget Summary (2010/2011) here (63.08 kb PDF).

HMRC have sent out a warning of a fraudulent email going around that advises taxpayers that HMRC have “approved them to receive monies”. They have advised that this is a fraudulent email that should be deleted. HMRC would never inform taxpayers of a rebate via email. We recommend... [More]

From 1 October 2009, the national minimum wage (or NWM) will increase as expected. The current minimum wage of £5.73 per hour, for adults 22 years and over, will increase to £5.80 per hour.  The rate for 18 to 21 year olds will increase from £4.77 to £4.83 per ho... [More]

1st Contact highlights the importance to keep taxpayers informed about tax return guidelines and tax developments. Here is some basic and useful information that you need to know about tax and taxation, tax forms and filing tax returns.  If you are an employee, your employer is required... [More]

1st Contact highlights the importance to keep taxpayers informed about tax return guidelines and tax developments. Here is some basic and useful information that you need to know about tax and taxation, tax forms and filing tax returns.  If you are an employee, your employer is required ... [More]