Spring Statement – Your Summary of the Key Points

The Chancellor, Rishi Sunak, delivered his Spring Statement on 23 March. Faced with the task of creating a ‘strong economy’ for the UK, against the challenging background of high inflation, rising costs and the threat of conflict in Europe, he announced a raft of new...

The Impact of the New National Insurance Changes

Increases to National Insurance Contributions (NICs) are on the way. But do you know the full implications for you and your business? We’ve got the lowdown. You’ll no doubt have seen the news of a rise in both employees’ and employers’ National Insurance contributions...

Chairs, Tables and Tax: working from home

The Coronavirus (COVID-19) has seen an upsurge in homeworking. For many people, there are questions on the tax on the equipment required. What If I Contribute to Employee Costs? You can look to reimburse some specified costs incurred by employees when working from...

National Insurance – what do the changes mean for you?

Changes to National Insurance contributions (NICs) limits and thresholds took effect from 6 April 2020. The Treasury says the ‘typical’ employee will pay around £104 less in NICs in 2020/21. Before the coronavirus crisis, there were plans to raise the NICs threshold...