2024 - Page 9 of 44

17 Oct 24

Deferring Class 1 NIC contributions

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 considered if any of the following

17 Oct 24

Pension fund withdrawal options

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 tax-free. Generally, you can

17 Oct 24

Who qualifies for Tax-Free Childcare?

The Tax-Free Childcare (TFC) scheme helps working families manage childcare costs by providing support through a wide network of registered providers, including childminders,

17 Oct 24

Class 4 National Insurance payments

Self-employed individuals are usually required to pay Class 4 National Insurance contributions (NICs) if their annual profits exceed £12,570. For the 2024-25 tax year, Class 4 NIC

17 Oct 24

Payments on account for self-assessment

Self-assessment taxpayers typically need to pay their Income Tax liabilities in three instalments each year. The first two payments on account are due by 31 January during the tax

17 Oct 24

Boosting your State Pension

HMRC has issued a new press release reminding readers of a limited-time opportunity to enhance their State Pension. Currently, there is an opportunity for affected individuals to

14 Oct 24

An outline of the Employment Rights Bill

Legislation has been introduced in Parliament to upgrade UK workers’ rights. The legislation is wide ranging with the intention of tackling poor working conditions and benefitting

14 Oct 24

New brooms to deliver better pension frameworks

The Department for Work and Pensions has published an outline of the new Pensions Scheme Bill. There are three main objectives that the government want to achieve, and they are set

10 Oct 24

Will 10% tax on business disposals survive?

While there have been no specific announcements regarding changes to Business Asset Disposal Relief (BADR), the Chancellor may consider modifying this relief in the upcoming

10 Oct 24

Chancellor unveils new measures

Chancellor Rachel Reeves has recently introduced a series of new measures aimed at advancing the priorities of the new government. The key announcements include: New funding for

Year: 2024

Deferring Class 1 NIC contributions

Pension fund withdrawal options

Who qualifies for Tax-Free Childcare?

Class 4 National Insurance payments

Payments on account for self-assessment

Boosting your State Pension

An outline of the Employment Rights Bill

New brooms to deliver better pension frameworks

Will 10% tax on business disposals survive?

Chancellor unveils new measures

VAT Reverse Charge in Construction: What You Need to Know

The Substantial Shareholdings Exemption

When can you recover VAT on a car purchase

SJPR