The chancellor’s announcement of a 2% cut in national insurance contributions (NICs) for employees applies to payments on or after 6 January 2024. That doesn’t allow much time to update…
Read moreIn the March 2023 budget, the Chancellor took the pension industry by surprise with an announcement to abolish the pensions Lifetime Allowance (LTA) – the amount you can build up…
Read moreAt the top of the New Year to-do list for many individuals is to make or update their Will. Many think this is something to leave until later in life,…
Read moreUnderstanding the Autumn 2023 UK Budget: Income Tax Changes for Employees and Self-Employed Individuals
Dec 14 2023-
For Employees National Insurance Contributions Class 1 NICs Reduction: Starting from 6 January 2024, the main rate of Class 1 NICs will be reduced from 12% to 10% for employees…
Read moreDeck the Halls with Acts of Kindness! As the year winds down and we are all caught up in the festive spirit, it's not just a time for mince pies…
Read moreThere have been several changes to employment taxes that will impact both employers and employees. These changes, effective from the 2024/25 tax year, include adjustments to National Insurance Contributions (NICs),…
Read moreKey Tax Changes Affecting Capital Gains and Inheritance: What You Need to Know for 2024/25
Dec 14 2023-
The UK government has announced important changes in the areas of Capital Gains Tax and Inheritance Tax, set to take effect in the financial year 2024/25. These changes will have…
Read moreThe UK's financial landscape is set for significant changes starting 1 April 2024, especially concerning corporate taxes. These changes, relevant to businesses of various sizes and sectors, include modifications to…
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