Budget For Long Term Growth – Spring 2024

INDIVIDUALS Personal Tax and National Insurance National Insurance The Chancellor announced a further cut in employee national insurance by 2p from 10% to 8% from April 2024. This is on top of the cut already in place from January 24 announced in the Autumn Statement 23 which reduced the NIC from 12% to 10%. Both of these cuts combined this … Read More

Autumn Statement – Key Announcements for Businesses

tax & accounting deadlines

BUSINESS Overall no surprises for businesses in today’s announcements as the reversal in corporation tax rates had previously been confirmed. The continued approach to tackle tax avoidance is present and mainly focused on international tax measures to ensure the fair share of tax is paid by businesses in the UK. CORPORATION TAX RATES As previously confirmed the planned increase to … Read More