Baroness Ros Altmann, a leading campaigner on pensions, has highlighted her fears after figures showing that the number of pensioners liable for tax have doubled in the last 14 years. The number has risen to over 9 million, compared to… Read more
For those of you who employ staff, you’ll be aware of requirements surrounding workplace pensions. Changes could be afoot for pensions, with new proposals to give savers a legal right to require a new employer to pay pension contributions into… Read more
Apprenticeship Levy This is used to fund apprenticeship training in England and is a cost to employers. There was no mention of changes; therefore, the following apply in the tax year 2024/25: – Levy Allowance (per employer) £15,000– Levy Charge… Read more
In April 2023, we gave you the good news that the government had extended the deadline for paying voluntary National Insurance Contributions (NIC) to fill gaps in an NIC record which arose in the years 2006/2007 to 2016/17, from 5… Read more