HMRC raises interest on tax debt
Late payment interest rising in line with Bank of England base rate.
National Insurance reversal comes into effect
Most working people will receive the 1.25% tax cut from November.
National Insurance threshold rises
Increase will see average worker have more take-home pay.
4 in 5 employers ‘negatively impacted’ by NICs rise
BCC reports increased staffing costs and decreased investment.
National Insurance takings surpass £150bn
National Insurance contributions break all-time record.