Latest news and updates
Self-assessment taxpayers typically need to pay their Income Tax liabilities in three instalments each year. The first two payments on account are due...
17/10/2024
Self-employed individuals are usually required to pay Class 4 National Insurance contributions (NICs) if their annual profits exceed £12,570. For the...
The Tax-Free Childcare (TFC) scheme helps working families manage childcare costs by providing support through a wide network of registered providers,...
Most personal pensions set a minimum age at which you can start withdrawing money, typically not before age 55. Some pension benefits can be taken...
Employees with more than one job may be eligible to defer or delay paying Class 1 National Insurance in certain situations. This deferment can be...
The Department for Work and Pensions has published an outline of the new Pensions Scheme Bill. There are three main objectives that the government...
14/10/2024
Legislation has been introduced in Parliament to upgrade UK workers’ rights. The legislation is wide ranging with the intention of tackling poor...
Banks will be granted new powers to delay and investigate payments suspected of fraud, enhancing consumer protection against scammers. Under new laws...
10/10/2024
New regulations that prohibit employers from withholding tips for employees in the hospitality, leisure, and services sectors took effect on 1 October...
The GOV.UK ID Check app is used to allow applicants to verify their identify when they sign in to a government service with GOV.UK One Login. Once...
There are special VAT reverse charge rules in place for certain building contractors and sub-contractors. These regulations, which came into effect on...
Chancellor Rachel Reeves has recently introduced a series of new measures aimed at advancing the priorities of the new government. The key...
