by James Hellyer | Mar 10, 2025 | Budget
As we approach the end of March 2025, anticipation builds around Chancellor Rachel Reeves’s upcoming Spring Statement. Given the current economic landscape, it’s insightful to consider the potential measures she might introduce and their implications for...
by James Hellyer | Feb 11, 2025 | Budget
The upcoming Spring Statement, scheduled for March 26, 2025, is shaping up to be a pivotal moment for Chancellor Rachel Reeves and the UK economy. Based on recent reports from the accounting press and national newspapers, here’s what we might anticipate:...
by James Hellyer | Nov 8, 2024 | Budget, National Insurance, PAYE
The upcoming increase in employer National Insurance Contributions (NICs) in the UK, set to rise from 13.8% to 15% from 6 April 2025, along with the reduction of the secondary threshold from £9,100 to £5,000, will significantly impact business costs. To mitigate these...
by James Hellyer | Nov 8, 2024 | Budget, National Insurance, PAYE
The proposed increases to the UK National Minimum Wage (NMW) and National Living Wage (NLW) set for April 2025 are expected to impact employers and employees significantly. Here’s how various sectors might feel these changes: Financial Pressures on Employers: With the...
by James Hellyer | Nov 8, 2024 | Budget
In this post we have outlined a few tax planning options that readers may want to consider following the October Budget changes. Capital Gains Tax Landlords will be relieved that the higher residential rate will remain at 24% until at least 5 April 2026. However,...
by James Hellyer | Oct 28, 2024 | Budget
Employers’ NIC There is ongoing speculation about potential increases in employers’ National Insurance Contributions (NICs). While the government is under pressure to raise additional revenue to address fiscal challenges, increasing employer NICs has been floated as...
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