The National Insurance Contributions (NICs) threshold will increase to £9,500 per year from April 2020, the Government has confirmed. Continue reading
Category Archives: Budget
Government announces consultation for plans to make HMRC a preferential creditor after insolvency
The Government has announced details of the first public consultation on its plans to make HM Revenue & Customs (HMRC) a secondary preferential creditor for certain tax debts which are paid by employees and customers after the insolvency of a business. Continue reading
Treasury weighing up tax break for landlords who sell to young adults
The chancellor, Phillip Hammond is considering introducing a tax break in this month’s budget rewarding landlords who sell their properties to sitting tenants, after it was revealed that 40 per cent of young adults are unable to buy a home. Continue reading