National Insurance and Income Tax Changes 2024
In a recent announcement during the Autumn Statement, Chancellor Jeremy Hunt revealed a significant cut in National Insurance (NI) for approximately 29 million workers. While this news may bring relief to many, it’s essential to understand the broader context of...
Decoding Jeremy Hunt’s Autumn Statement: How it will impact your Finances!
Jeremy Hunt’s Autumn Statement ushers in significant changes, from a noteworthy National Insurance cut to adjustments for self-employed individuals. However, a freeze on personal tax thresholds raises questions. The property market and savers face a mixed bag of announcements, while...
HMRC’s Loan Charge Settling Disguised Remuneration Schemes
HMRC's loan charge addresses tax evasion through disguised remuneration schemes, allowing individuals flexible repayment plans based on their circumstances.
Tax Implications of Employing Staff in The UK for Your Business
This article delves into the tax implications and responsibilities associated with hiring employees in the UK, offering valuable insights to assist you in efficiently managing your business tax account and enhancing tax optimisation.
UK National Insurance Contributions | Rates, Thresholds, and Allowances Explained
The tax paid by workers and employers to fund various state benefits is the National Insurance Contributions. Learn about it all from this article.
