December 2, 2024April 30, 2025Newsliezel ComendadorNo Comments

National Insurance Hike Set to Strain UK Businesses

Starting 6 April 2025, UK businesses will face a significant National Insurance (NI) rate increase from 13.8% to 15% and a drop in the income threshold to £5,000. To help offset these costs, the Employment Allowance will increase from £5,000…

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November 26, 2024April 30, 2025Blogliezel ComendadorNo Comments

What Is the Higher Tax Bracket 2024/25?

An income increase is one cause to celebrate, but not so when it means higher taxes. If you think your current earnings are gradually pulling you out of the basic rate, here’s your guide to what is the higher tax…

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November 13, 2024April 15, 2025Blogliezel ComendadorNo Comments

How Much Tax Will I Pay on £500 a Week Salary UK?

A £500 weekly pay is already a comfortable income range for most people, and yes, it is taxed. If your job pays the same and you wonder how much tax will I pay on £500 a week UK, we break…

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November 8, 2024April 15, 2025Blogliezel ComendadorNo Comments

How to Avoid Inheritance Affecting Benefits UK

Inheritance money may affect some of your benefits, particularly the means-tested types, which hinge on your income and savings staying below a certain level. If you’re concerned about losing your benefits upon receiving inheritance, learn effective ways how to avoid…

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November 6, 2024April 15, 2025Newsliezel ComendadorNo Comments

Autumn Budget 2024: Main Takeaways on Tax and Funding

On 30 October 2024, Chancellor Rachel Reeves announced the Autumn Budget for “national renewal.” The new Budget offers some support for low-income workers but considerable tax increases on businesses and higher earners. Here are the main takeaways: National Insurance Contributions:…

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