by AJN Accountants | Nov 15, 2024 | Business
The Chancellor has announced that the main rate of secondary Class 1 national insurance contributions (NIC) for employers will increase by 1.2 percentage points from 13.8% to 15% from April 2025. The Class 1A and Class 1B employer rates (relating to benefits) will...
by AJN Accountants | Nov 13, 2024 | Accounting
As we approach April 2026, significant changes are on the horizon for businesses and individuals regarding Making Tax Digital (MTD). If you haven’t yet explored how this affects you, now is the time to prepare for the shift. The UK government has been gradually...
by AJN Accountants | Oct 31, 2024 | Business
Providing a nursery can be a powerful way to attract and retain staff, with childcare costs in the UK among the highest in the world. Tax relief is available to employers providing workplace nurseries as long as certain criteria are met. These requirements are strict;...
by AJN Accountants | Oct 24, 2024 | Advice
HMRC has completed a long-overdue overhaul of the forms and associated guidance used to report chargeable events on which inheritance tax (IHT) is due on a trust. Previously, if you needed to report IHT due on gifts or trusts you had to complete the...
by AJN Accountants | Oct 23, 2024 | Accounting
Over the past fifty years, the concept of retirement in the UK has undergone significant transformation. Traditionally, individuals anticipated a definitive ‘hard stop’ after their working years, while others preferred a more gradual transition into...
