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Class 4 NIC reductions benefit the self-employed
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Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year after two percentage cuts were announced in the 2023 Autumn Statement and 2024 March Budget.
CONTINUE READINGDigital invoicing could prevent invoice fraud
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Companies without a digital invoice processing system in place are leaving themselves open to invoice fraud. Over the past year, nearly a third of businesses have been targeted.
CONTINUE READINGUncertainty for landlords
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Despite support from the Labour Party, the Renters (Reform) Bill was not enacted before parliament was prorogued ahead of the general election. The Leasehold and Freehold Reform Act made it under the wire, but without the expected cap on ground rents.
CONTINUE READINGThe first election tax stories
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It’s early days yet, but some pointers on tax have emerged from both the main parties.
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