Budget 2020 Personal and employment taxes

Employment Taxes National Insurance thresholds at which employees and the self-employed start paying National Insurance contributions have increased from £8,632 to £9,500 from April 2020. This will represent a saving of around £100 per year. To help support the employment of veterans, there will be a new National Insurance holiday for employers of veterans in first year of civilian employment. … Read More

What we’re expecting to see in the Budget 2020

Based on rumours, political commentary and our professional hunches, here’s what we’re expecting to hear in the Budget on 11th March 2020: Entrepreneurs’ Relief – ER at 10% is currently available on sale of qualifying business assets, which include a trading business or shares in a trading business. The rate is available on lifetime gains up to £10m then usual … Read More