1.25% national insurance Archives | Umbrella Companies

1.25% national insurance

Government to repeal IR35 tax rules – Astonishing news for contractors, freelancers and UK-based businesses

Government to repeal IR35 tax rules – Astonishing news for contractors, freelancers and UK-based businesses

Astonishing news for contractors, freelancers and organisations who engage with temporary workers – the government is going to repeal IR35 rules (off-payroll) from April 2023. This news has been extremely well-received by industry stakeholders, but what does it mean for the industry, and what did Kwasi Kwarteng say on the …

Government to repeal IR35 tax rules – Astonishing news for contractors, freelancers and UK-based businesses » Read the full story

An Overview Of The Key Announcements In September’s Mini-Budget

An overview of the key announcements in September’s mini-budget

New chancellor Kwasi Kwarteng has delivered the mini-budget (Friday, 23rd September). With the UK’s economy facing unprecedented challenges and the word “recession” being commonly used, the mini-budget lays out the government’s plans to boost the economy, protect families and help the UK power through these challenging times. This article summarises …

An overview of the key announcements in September’s mini-budget » Read the full story

The 1.25% rise in National Insurance will stop in November

The 1.25% rise in National Insurance will stop in November

First introduced by former Chancellor of the Exchequer Rishi Sunak, the 1.25% rise in National Insurance to fund health and social care will be reversed from November, leaving workers with more disposable income to tackle the harsh economic conditions ahead. To help ease the pressure on workers during the tough …

The 1.25% rise in National Insurance will stop in November » Read the full story

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