From 6 April 2025, the rate of employer national insurance contributions (NICs) will rise by 1.2 percentage points to 15%. Additionally, the threshold at which employers start to pay NICs will decrease from £9,100 to £5,000 per year. To...
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The chancellor has announced prior to the budget that the minimum wage will rise in April as follows:
The new tax year starts 6th April 2024 and will end 5th April 2025 and here are some key changes for this upcoming year: National Insurance (NI) Cuts: The income tax rates and thresholds are as follows: England and...
The Chancellor of the Exchequer has presented his Autumn Statement 2023 to Parliament, Wednesday 22 November 2023. Here’s what we understand so far… The Living Wage is to have it’s largest ever cash increase to the rate following the...