National Living Wage to Increase by Nearly 7% in 2025
Chancellor Rachel Reeves has announced an increase in the National Living Wage for workers over 21.The new rate will rise by 6.7% to £12.21 per hour, effective from April 2025.This…
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minimum wage increase
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Impact of Autumn Budget 2024 on Business Taxes
Chancellor Rachel Reeves delivers a blow to business owners with unexpected tax increases.Significant hikes were announced for capital gains tax, inheritance tax, and national insurance contributions.Business community feels the financial…
Reeves’ Budget Sparks Debate in Construction Sector
Rachel Reeves announces significant changes in her first budget, impacting various sectors, including construction.Employers' national insurance contributions will increase, affecting many businesses' profit margins.The construction industry voiced concerns over lack…
