Key Changes to Employers’ National Insurance
Chancellor Rachel Reeves’ Autumn Budget has introduced several notable changes to Employers’ National Insurance (NI) rates and thresholds, which will impact payroll costs for many UK businesses. Key Changes to Employers’ NI Effective from 1 April 2025, the Employers’ National Insurance rate will increase from 13.8% to 15%. Alongside this, the threshold at which employers […]
Autumn Budget 2024 – Main Highlights
Rachel Reeves stood up yesterday to deliver the first Budget by a woman, “in our country’s history” and stated that “the only way to drive economic growth is to invest, invest, invest.” The Chancellor introduced measures including hikes in National Insurance Contributions, Capital Gains Tax, Stamp Duty Land Tax as well as changes to Inheritance […]