News

National Insurance threshold increases to £12,570
As of this month, the National Insurance threshold will increase to £12,570. The move is estimated to reduce NICs for 70% of workers and take out 2.2 million people from paying altogether.

Updated EIS guidance offers tax breaks for company investors
Updated EIS guidance will offer generous tax breaks for company investors. To find out more about the scheme, rules and who’s eligible, head to our latest story.

Penalties for overclaimed SEISS grants
HMRC has updated their guidance which sets out the procedure for reporting and repaying overclaimed SEISS Grants. Head to our latest story to find out everything you need to know.

Is your letter received from HMRC genuine?
HMRC customers are often the target of scammers. To ensure you stay safe, here’s how to check if a letter you’ve received from the Revenue is genuine.

Preparing payroll for the upcoming National Insurance changes
National Insurance Contribution thresholds will increase from 6 July 2022. Please have a read of our latest story to find out more about the changes and how to update your payroll accordingly.