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07/11/2024
Employer NICs rise
The extra costs of the increase in employers’ National Insurance contributions (NICs) could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned.
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Requirements to boost living standards
Reacting to Chancellor Rachel Reeves’ Autumn Budget, think tank the Resolution Foundation has warned that the measures announced ‘are only the first step in what’s required to boost living standards’
Budget tax increases
Commenting on Chancellor Rachel Reeves’ recent Autumn Budget, the International Monetary Fund (IMF) stated the tax increases announced will ‘boost growth sustainably’.
31/10/2024
Autumn Budget – business reaction
Business groups have reacted to Chancellor Rachel Reeves’ Autumn Budget speech. The Confederation of British Industry (CBI) said that the Chancellor ‘had difficult choices to make to deliver stability for the economy’.
Autumn Budget – political reaction
Addressing the House of Commons, Chancellor Rachel Reeves used the 2024 Autumn Budget to ‘fix the foundations to deliver on the promise of change’.
Autumn Budget – economic picture
Within her Autumn Budget speech, Chancellor Rachel Reeves announced that the UK economy will grow by 1.1% this year, 2% next year and by 1.8% in 2026.
30/10/2024
UK fraud cost over 570 million
Criminals stole more than £570 million through authorised and unauthorised fraud in the first half of this year, according to data published by UK Finance.
Real Living Wage goes up by 5%
The Real Living Wage is set to rise by 5% giving almost half a million workers a pay rise to £12.60 an hour, the Living Wage Foundation has announced.
Raising CGT wouldn't deter investment
Increases to Capital Gains Tax (CGT) at the upcoming Budget would not deter investment into the country, according to the Institute for Public Policy Research (IPPR).
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