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The NIC changes, what you need to know

The NIC changes, what you need to know

Today I will set out the details of the changes to National Insurance Contributions announced by Rishi Sunak on 23rd March, which come into force this month: Employers’ class 1 NIC The secondary class 1 NIC rates and thresholds (paid by employers) were not altered in...
HMRC loses billions due to furlough fraud

HMRC loses billions due to furlough fraud

Just short of six billion pounds of public money has been incorrectly paid out by HMRC in their handling of coronavirus support payments; and to make matters worse they are predicting that they’ll only be able to recover around 25% of it, with the rest being lost to...
Omicron Business Support

Omicron Business Support

Since Boris raised the Covid alert levels in early December and deployed Plan B, UK businesses in the entertainment, arts and hospitality sectors have begged the Chancellor to provide additional financial support. All of these sectors, whether it be Covent Garden...