National Insurance Contributions Set to Rise

National Insurance Contributions Set to RiseFrom April 2022 the rates of National Insurance Contributions are set to increase Certain NICs are set to rise by 1.25% from April 2022. The increase will apply to Class 1 NICs currently paid by employees via PAYE and to Class 4 NICs currently paid by the self-employed via their…

Budget Blog: Time to Invest?

Budget Blog: Time to Invest?The Chancellor’s announcement that an increased tax deduction is available from 1st April on the purchase of qualifying plant and machinery raises a question for business owners. Business owners often seek to maximise their tax efficiency by investing in the purchase of plant, machinery, equipment and commercial vehicles. These assets come…

Summary: Rishi Sunak’s Budget 2021

Summary: Budget 2021 Chancellor Rishi Sunak delivered his second Budget on Wednesday 3rd March 2021. The Chancellor’s #Budget2021 was again focused on dealing with Covid-19 and managing its long-term impact on public finances. To assist with understanding these announcements we have prepared a document containing highlights of the key issues. You can access our Budget…