Today's spring Budget 2024 was a worker's Budget. There were many changes encouraging us back into work. Not just the reductions in National Insurance but also aiming to deal with certain perceived unfairness to help us all feel better about bothering to turn up:
With Christmas now only a month away, it’s a good time to remind ourselves of what employers can provide to staff and directors, tax free.
With Christmas now only a month away, it’s a good time to remind ourselves of what employers can provide to staff and directors, tax free.
This year we may see a mix of virtual and in person events, with in person events possibly being in small groups to help prevent an outbreak affecting large parts or the whole company.
This week we heard about a new 1.25% tax to fund health and social care, but as only £5.4bn of the £36bn raised over the next 3 years will be spent on social care, this seems to be another tax 'pot' such as national insurance and income tax from which to fund the NHS.
Unfortunately, tax simplicity and clarity is something we never see from governments making it harder for everyone, including HMRC, to understand the tax system. So how might you respond?