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With a new government, led by a new Prime Minister, Britain can expect big changes in the months and years ahead, but what alterations might Labour bring to the economy? Chancellor Rachel Reeves has presented Labour as a party focused […]
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From 6th April 2026 employers must process Benefits in Kind (BiKs) though payroll rather than the annual submission of P11D/P11D(b) returns. The new approach is an effort to reduce administrative time for both employers and HMRC through the removal of […]
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The rate of National Insurance Contributions paid depends on your employment status, whether you are employed or self-employed and how much you earn. In last year’s Autumn Statement – as part of the National Insurance Contributions (Reduction in Rates) Act […]
Read MoreLast updated: Monday 21st November On 17 November 2022, the Government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and […]
Read MoreImportant: Please note since publication of this article the Government have announced a new financial statement. Please see our guide to the Autumn Statement 2022 for the most up to date information. Last updated 21st November 2022. Chancellor brings forward […]
Read MoreImportant: Please note since publication of this article the Government have announced a new financial statement. Please see our guide to the Autumn Statement 2022 for the most up to date information. Last updated 21st November 2022. The week leading […]
Read MoreIn March 2021, the government extended the carry back of losses for businesses. There is a temporary extension to the carry back rules and the period of time to claim trade losses. As announced in the Budget 2021, the period […]
Read MoreNavigating pension schemes for your small business is a key element of running a successful company. Employers must put eligible staff into a workplace pension as soon as they start working, which is why it is important to understand your […]
Read MoreLast updated: 21st November 2022 Considering offering the Cycle to Work scheme to your employees? Read our Cycle to Work scheme employer’s guide. It’s been reported that as many as 16% of the population, or 8.9million people, are now cycling […]
Read MoreFrom 1st July the previous Job Retention Scheme has been replaced with the Flexible Furlough Scheme. The aim of the scheme is to support businesses in gradually bringing back employees through allowing partial furlough grants while they are working on […]
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