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Changes to HICBC

Changes to HICBC

It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes.

To make it

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Keeping an eye on competitors

Keeping an eye on competitors

Keeping an eye on competitors offers crucial advantages, especially in a dynamic market. Here’s why it pays off:

Improving Market Positioning
By observing competitor pricing, branding, and marketing

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R&D receives a welcome boost in the Budget

R&D receives a welcome boost in the Budget

As part of the October Budget the Chancellor announced the highest ever level of government investment of £20.4 billion in research and development for next year, reinforcing the government’s

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Autumn Budget 2024 – Capital Gains Tax

Autumn Budget 2024 – Capital Gains Tax

In the Budget it was announced that the rates of Capital Gains Tax (CGT) are to be increased with immediate effect. The main rates of CGT that apply to assets other than residential property and

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Autumn Budget 2024 – NIC changes

Autumn Budget 2024 – NIC changes

As had been widely predicted, the Chancellor announced increases to the rate of National Insurance contributions (NICs) that are paid by employers. The main rate of secondary Class 1 NICs will

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Autumn Budget 2024 – Minimum Wage increases

Autumn Budget 2024 – Minimum Wage increases

The Chancellor of the Exchequer, Rachel Reeves announced significant increases to the Minimum Wage rates on the eve of the Budget. The Chancellor confirmed that the government has accepted in full the

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Autumn Budget 2024 – Fuel Duty rates

Autumn Budget 2024 – Fuel Duty rates

In the Autumn Budget, the Chancellor had been widely expected to increase fuel duty rates. However, in a surprise announcement she extended the fuel duty cut for a further 12 months to help support

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Autumn Budget 2024 – Higher rates of SDLT

Autumn Budget 2024 – Higher rates of SDLT

It was announced as part of the Budget measures that the higher rates of Stamp Duty Land Tax (SDLT) on purchases of additional residential properties will increase to 5% (from 3%) for transactions

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Budget summary 30 October 2024

Budget summary 30 October 2024

The long awaited, much anticipated and dreaded first Budget of the new Labour government was delivered to Parliament today – 30 October 2024 – by the Chancellor, Rachel Reeves.

We now know where the

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Is Income Tax morphing into a stealth tax?

Is Income Tax morphing into a stealth tax?

It is rumoured that the Chancellor will delay any increase in the Income Tax higher rate tax threshold beyond the present April 2028 freeze.

The UK Income Tax higher-rate threshold was last increased

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Crackdown on insurance fraud

Crackdown on insurance fraud

Insurance companies have united to step up efforts to crack down on fraudsters seeking to manipulate the UK insurance market with bogus claims and duping innocent people into buying fake insurance

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