by Jonathan Brewer | Dec 4, 2024 | Uncategorised
Each year there are a number of items you can claim for when you’re planning the firm’s Christmas party, and looking at this ahead of the festive season can result in savings for your business. To be exempt, the party must be open to all employees, be an annual event...
by Jonathan Brewer | Dec 4, 2024 | Uncategorised
Inheritance tax is one of the most unpopular taxes in the UK, as many people will pay 40% tax for the first time after they have died. The confirmation in the Budget that the IHT threshold of £325,000 will be frozen until 2030, and that any unused pension that is...
by Jonathan Brewer | Dec 4, 2024 | Uncategorised
One of the biggest announcements in the Budget was the increase in employers’ National Insurance Contributions (NICs) from April 2025, which will result in serious cost increases for the majority of employers affected. Employers will pay NICs on an employee’s earnings...
by Jonathan Brewer | Dec 4, 2024 | Uncategorised
Labour Chancellor Rachel Reeves delivered her first Budget at the end of October – which was also the first Budget ever delivered by a female Chancellor of the Exchequer, with Britain’s wealthiest people and businesses being asked to pay the most. National...
by Jonathan Brewer | Oct 31, 2024 | Business, Finance, Tax, World News
Budget Summary Document You can view our complete budget summary document here: Budget Summary PDF Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024. The Budget aims to deal with the £22 billion ‘black hole’ in public finances...