Changes to VAT penalties and interest from 01 January 2023

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…

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New VAT penalty regime and other VAT news

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…

1.25% increase to NIC and dividend tax ratesĀ 

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…

Budget 2021

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…

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Update on Government schemes in response to COVID-19

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…

Dividend 2017/18 and 2018/19

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…

Autumn Budget 2017

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…

Changes to flat-rate VAT in more detail with examples

Jeremy Hunt cuts NICs again in the Spring Budget The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from 6 April 2024.This will see Class 1 employee NICs…