In 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…
Read moreThe UK government has recently unveiled a comprehensive package of pension reforms, signalling a significant shift in how pension savings are managed and invested. This initiative is particularly focused on…
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