A budget for the ‘Workers’ After what seems like an eternity since Rachel Reeves announced that the budget was to be held on 30th October 2024, with endless speculation on how the black hole in the public finances would be addressed, the details of which have finally...
Some surprises and a few shocks in yesterday’s Budget 2024. The new Government had been very vocal that this was going to be a tough budget, with rises teased before the announcement in National Insurance and Capital Gains Tax. Great to see no change in...
I sat listening to Rachel Reeves’ speech, with my freshly prepared Budget bingo card in my hand, eager to check off my predictions: Blame the Tories for leaving a bigger black hole in the public finances than admitted? Tick Emphasising that she won’t be increasing...
The widely-reported increase in Capital Gains Tax (CGT) has not come as a surprise. Whilst a rise is additional tax for individuals, the increase in rates for higher-rate taxpayers is not as significant as the higher-rate of income tax, which would have been extremely...
In the UK, all employees, full-time or part-time, are automatically enrolled into their workplace pension scheme if certain conditions are met. These conditions include: The ability to work in the UK Earnings of more than £10,000 per annum Not being a member of a...
I often get asked what the best cloud accounting software is to use. As with anything, we all have personal favourites. However, when it comes to your cloud accounting software, just because it is my favourite does not always mean it is the best fit for you or your...