A person can typically fill gaps in their national insurance (NI) record within a six-year time limit. Transitional arrangements enable them to fill gaps dating back to 2006/07, and they can also make additional contributions if needed. The deadline for making such contributions has been extended to 5 April 2025....
Businesses failing to pay minimum wage
Just over 200 businesses, including some of the country’s best-known retailers, have failed to pay...New PAYE process for HICBC
One of the many criticisms aimed at the High-income Child Benefit Charge (HICBC) is that...Intestacy entitlement increase
If an English or Welsh domiciled person dies without leaving a Will, the amount that...
Self-assessment threshold rises from 2023/24 There is a long list of reasons why it is necessary to complete a self-assessment...
Selling power back to the grid With continuing high electricity prices, now could be a very good time to install...
The Ofgem price cap returns From 1 July, the energy price cap set by energy regulator, Ofgem, will fall from...
Self-employed taxed on accounting year profits until 2023/24. Transition to tax year system leads to catch-up tax on over 12 months' profits.
If Jeremy Hunt did produce a ‘rabbit-out-the-hat’ in his Spring Budget, it was the announcement of the effective abolition of...
The government's tax policies are expected to increase the number of higher rate taxpayers and boost corporate tax revenue significantly.
