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Child Benefit claw-backs

by | Mar 22, 2024 | Advice, General Information

One of the more impactful changes in the recent budget was the easing of the High Income Child Benefit Charge. Up to 5 April 2024, this has been recovering Child Benefits received by parents if the total income of at least one parent exceeded £50,000. Basically,...

National Minimum Wage and National Living Wage

by | Mar 15, 2024 | News, General Information

Changes from 1 April 2024 Employers are required to pay workers at least the National Living Wage (NLW) or National Minimum Wage (NMW) for their age. The rates are increased from 1 April 2024. The NLW is extended to workers aged 21 and above from that date. Key dates...

Companies House introduces changes

by | Mar 13, 2024 | News

As we have mentioned previously, Companies House have been tasked with implementing numerous changes introduced by the Economic Crime and Corporate Transparency Act 2023 (ECCT Act), that came into force on Monday 4 March 2024. The changes introduced include: greater...

Spring Budget 2024

by | Mar 6, 2024 | News, General Information

With an election looming, Chancellor, Jeremy Hunt, delivered his Spring Budget today (6 March 2024), billing it as a ‘Budget for growth’. As widely predicted there were further cuts to National Insurance, taking effect from the beginning of the 2024/25 tax year. Other...