Cox Costello & Horne publish industry news and business news to keep our customers informed of new business and tax regulations
National Insurance is a tax that funds services including the NHS, maternity, sick and bereavement pay, and the state pension. It is paid by those who are earning, and people stop paying when they reach the state retirement age. The amount paid depends on what people earn. This is planned to increase in 2022/23 by 1.25%
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Freeport operators will be able to take advantage ...
HMRC has also issued a warning to taxpayers to be aware of copycat HMRC websites and phishing scams.
The largest falls in jobs since February 2020 have been in the hospitality sector, among those aged under 25 years, and those living in London.
The UK government has confirmed that its plastic ...
The call for evidence also asks stakeholders whether they believe the OTS is sufficiently independent from the government, and whether it has the correct breadth of expertise on its board.
'With so many fraud allegations being made to HMRC during the COVID-19 crisis, there is no doubt that many of them will end up being false,' said Kevin Igoe, Managing Director at PfP.
School closures and a large fall in retail sales earlier in the quarter dragged down economic growth, said the ONS. The economy is now 8.7% smaller than before the pandemic.
For many manufacturers, apprenticeships are key to unlocking our recovery and building a strong industrial base in the UK,' said Bhavina Bharkhada, Senior Campaigns and Skills Policy Manager at Make UK
