Child Benefit claims can now be made online

Child Benefit claims can now be made online

For the first time in the 47 years since Child Benefit was launched, new parents can claim their Child Benefit online in a significantly faster way than the previous process allowed, according to HMRC. The previous method – which had been in place since 1977...
Autumn Statement NICs changes in detail

Autumn Statement NICs changes in detail

The biggest tax cuts announced by the Chancellor in his Autumn Statement were in NICs, where self-employed people will no longer pay Class 2 NICs at all from April 6, 2024. Class 4 NICs will be reduced from 9% to 8% from the same date. Class 1 employee NICs –...
Tax advice error could impact your State Pension

Tax advice error could impact your State Pension

Group income protection policies taken out through employer salary sacrifice schemes have been wrongly treated for tax thanks to incorrect advice given by HMRC to the Association of British Insurers back in October 2019. Even though HMRC corrected this advice in...