April - Spring Changes!

April heralds quite a few changes some of which may affect the majority of us one way or another:

  1. National living wage -  on 1st April the National Living Wage increased wages to £7.20 per hour for those aged 25 or over. 
  2. Prescription and dental charges – on 1st April prescription charges for England increased to £8.40 per item and an NHS dental check-up is now £19.70.
  3. Stamp Duty on second homes – from 1st April, second home buyers or buy-to-let landlords will pay an additional 3% stamp duty on properties purchased for more than £40,000.
  4. Non EU workers visa changes– from 6th April, UK visa rules change so that overseas workers earning less than £35,000 per annum will not be allowed to stay in the UK for more than 5 years.  Some jobs, such as nurses and jobs under the ‘Shortage Occupation List’ are excluded.
  5. Micro-chipping dogs – from 6th April all dog owners in England, Scotland and Wales must micro-chip their pet and log their details on an approved database, such as Petlog.  Owners could face a fine of £500 for not doing so.
  6. State pensions – from 6th April a flat rate payment of £155.65 will be paid per week.
  7. Personal Savings Allowance – from 6th April savers who pay basic rate tax, will be able to earn up to £1,000 interest on their savings tax free.  The allowance for 40% payers will be £500 and for over 45% payers there will no allowance at all.
  8. Public sector pay rises – this month over 1 million public sector workers will receive up to a 1% pay rise. 
  9. Housing Association rents – from this month, rents will decrease by 1% and will do so annually for the next 4 years.  


X

verisonalaw

Let us help you

We will be in touch with you as soon as possible. Click below to find out more about the services Verisona Law have to offer.

For you
For your business
Our Team
About Us

Can’t find what you are looking for? Use our sitemap