Earlier today, Chancellor Jeremy Hunt delivered the Autumn Statement 2023. He began by stating that the economy had performed better than expected and that “real” income had increased. As a result, he announced 110 measures in the Autumn Statement that aim to drive growth. We were thankful that he did not go into each and […]
Tag Archives: National Insurance
15
Jun
Jun
Everyone who is on a payroll or receives a private pension will have a tax code from HM Revenue & Customs (HMRC). This code also referred to as PAYE code tells your employer or pension provider what tax to deduct. But how do you understand your PAYE code? Do you fully understand what is and […]
HM Revenue & Customs, National Insurance, News, Payroll, Personal Tax
Introduction of the new Health & Social Care Levy and how it works
22
Sep
Sep
Last week saw the introduction of the new health and social care Levy. Whilst this came as a surprise to many it was not all that unexpected. The UK with its aging population has over many years debated on how to deal with the rising cost of social care. It took the pandemic (and the […]