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Industry News

Autumn Budget 2024 – ‘Fixing the foundations to deliver change’

The first Budget to be delivered by a female Chancellor and the first Labour Budget for 15 years made for a landmark one in many ways. All measures were added to by new Chancellor Rachel Reeves in what many observers regarded as a significant and far-reaching attempt to address perceived problems with the UK’s fiscal and economic well-being.

Thu 31st Oct, 2024 | Alison Roberts

Industry News

Employment Rights Bill 2024 and the labour industry

The Bill is a significant piece of legislation with more than 150 pages and 28 reforms, probably far more than commentators and business were expecting. It now must make its way through Parliament and some proposals will undergo scrutiny through public consultation.

Thu 17th Oct, 2024 | Alison Roberts

Industry News

Government unveils the Employment Rights Bill

Labour introduced its flagship Employment Rights Bill to the Commons today (10th October). Granting employees access to rights earlier in their employment is at the heart of the reform to drive growth in the economy by supporting more people into secure work.

Thu 10th Oct, 2024 | Alison Roberts

Industry News

Countdown to the Labour Budget

The Budget on 30th October is now less than a month away. Those attendees of the Labour Party Conference in Liverpool were alert for additional hints on measures which might be brought forward, but sadly, they were disappointed.

Mon 7th Oct, 2024 | Alison Roberts

Industry News

What could the first Labour Budget hold?

Although the new government’s first Budget is now only 3 months away, thanks to the Chancellor’s recent statement, we already know some of what will (or won’t) be included and can speculate on others.

Mon 12th Aug, 2024 | Alison Roberts

Industry News

The Tax Landscape for contractors under Labour

Following the almost predictable outcome of the July General Election, the industry is considering the promises and pledges of the Labour Party and trying to understand what the future might hold. Having made public the true state of the nation’s finances it inherited, the new government immediately responded to the spending pressures in a statement by Labour Chancellor Rachel Reeves in the House of Commons on 29th July.

Tue 6th Aug, 2024 | Alison Roberts

Industry News

Labour win a historic landslide

Last night the country took to the polls and a new political party was announced. Kier Starmer will lead the Labour Party into their first term in over 14 years and whilst adjusting ourselves to a new regime, the country should also prepare itself for change.

Fri 5th Jul, 2024 | Alison Roberts

Industry News

IR35 tax offset – A golden opportunity or time for caution?

An interim or holding statement appeared in the HMRC summary of tax technical changes. A full response to the Consultation was also promised ‘in due course’ together with new guidance later in 2024 which will include an online pay checking tool to help umbrella workers check deductions being made from their pay.

Thu 23rd May, 2024 | Alison Roberts

Industry News

Government response to Umbrella Consultation published

Thu 18th Apr, 2024 | Alison Roberts

Industry News

What's new in the 2024-25 tax year?

It's crucial for individuals and businesses alike to stay informed about the latest changes in tax regulations. The 2024-25 tax year brings several adjustments that could impact your financial planning and obligations.

Fri 5th Apr, 2024 | Steven Cheeseman

Industry News

Spring 2024 Budget summary

Chancellor of the Exchequer Jeremy Hunt delivered his Spring 2024 Budget to a raucous House of Commons.

Wed 6th Mar, 2024 | Alison Roberts

Industry News

UK households to benefit from historic National Insurance cut

To alleviate financial strain on households across the UK, the government has initiated a significant reduction in National Insurance (NI), providing relief to approximately 27 million taxpayers. We explore how the reduction will help taxpayers.

Mon 4th Mar, 2024 | Tom Sweeney