Apart from increasing their salaries, what affordable initiatives can you take to help alleviate your employees' cost of living increases?
Today the Chancellor was forced to doing something about the increases in cost of living. Hence, the fuel duty cuts, employee and self employed threshold national insurance increases but not too much else.
If people are still not feeling spring-like, the promise of a 1% cut in the income tax rate from April 2024.
Dig in a bit further and you decide:
April 2022 is the first in a series of important annual April tax changes:
For now, we're focussing on the forthcoming April 2022 change and how you may want to react. Firstly, let's look at how much this might cost you: