UK Budget 2025: Simple Guide for Business Owners and Tax Payers
The UK Budget was today and as expected, there were positive and negative takeaways for UK tax payers and businesses. In this article, we are breaking down what we feel are the key tax and business announcements from today’s UK Budget. Before we get into it, it’s important to say that a lot of these […]
Changes to National Insurance for 2025/26
National Insurance is changing. With the new tax year starting on 6th April 2025, there are some important changes to National Insurance Contributions (NICs) that could affect your business. These updates will impact both employer NIC rates and thresholds, and it’s worth reviewing how they may influence your payroll, costs and potentially your business’s structure moving forward. […]
Budget 2024 Impact on Businesses
The Autumn Budget 2024 will have an impact on businesses in the UK. As announced, taxes are set to rise by £40 billion, with a substantial £25 billion coming from increased employers’ national insurance contributions. This adjustment exceeded initial forecasts, though it was not entirely unexpected. Click here if you’re not sure what the Autmn […]
Interest Rates Changing Impact Your Business
With the Bank of England set to meet this month on the 20th June. Company owners and key personnel should be watching for any discussions on the current state of the economy and potential changes to interest rates in the UK. The base rate of interest is set by the Bank of England to encourage […]
