The Right Balance…

Under the government’s MTD for income tax initiative, businesses will be required to keep digital records and send a

Earnings below the LEL are not subject to primary Class 1 NICs and do not accrue entitlement to state benefits. Earnings between the LEL and the PT do

Employers must pay their employees at least the NLW, for workers aged 21 and

As expected, and with immediate effect from the budget date of 30 October 2024, the rates of capital gains tax (CGT) have been increased on

For 2025/26, income tax rates and thresholds remain frozen at their 2024/25 levels.

Ms Reeves said the Budget will raise £40 billion in taxes. Employers’ National Insurance contributions (NICs) will be increased from next April while Capital Gains Tax rates will also rise. Inherited pensions will fall within the Inheritance Tax net from April 2027 while reliefs will be reformed on the passing down of agricultural and business assets.

We have become aware of scam letters and emails purporting to be from

Under current pension rules, many pension funds allow pension scheme members to withdraw up to 25% of their

CGT changes normally take effect from 6 April, but there have been mid-year changes in the past. This possibility has

Many investors may be looking to realise capital gains on their investments at the current rates, just in case there is an