by Luke Stringer | Mar 24, 2022 | businessnews
Rishi Sunak announced yesterday (23/03/2022) that the Class 1 Primary and Secondary National Insurance threshold will rise from £9,880 to £12,570 in July. Sunak described this tax cut as the “largest single personal tax cut in decades” and a “tax cut that...
by Luke Stringer | Mar 16, 2022 | businessnews
If you’re in need of finance to recover from the rippling effects of COVID-19, don’t forget that the government Recovery Loan Scheme has been extended to 30 June 2022 but there are some key changes that you will need to be aware of. The first is that the...
by Luke Stringer | Mar 9, 2022 | Uncategorized
As of 1 April 2022, the government will be introducing a tax on plastic packaging. The objective of this increase is to give businesses a clear economic incentive to use recycled plastics and ultimately increase levels of recycling and divert away from landfill. IN...
by Luke Stringer | Feb 10, 2022 | businessnews, Running your Business
From April 6 2022 to April 5 2023, National Insurance contributions (NICs) will increase by 1.25% for both Employee and Employer contributions. Known as the Health and Social Care Levy, this money will be spent on the NHS, health and social care in the UK. This...
by Luke Stringer | Jan 27, 2022 | Running your Business
As of April 6th 2022, the Home Office is outsourcing digital ID checking. This means that for any employee digital checks, businesses will have to use an approved third-party software which could cost between £1.50 and £70 per employee! Previously, employee...
