Category: News

Chancellor Rachel Reeves delivered her Spring Statement on 26 March 2025. She has introduced updates on the UK’s fiscal and economic landscape. Unlike previous years with two major Budgets, the government has now shifted to a single annual fiscal event.…

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…

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:…