What will Self-Assessment tax be for 2022/23? There are usually new UK tax brackets and other updates to thresholds introduced each April. So here are eight Self-Assessment tax changes to understand, from National Insurance hikes to a new plastic packaging tax. 1. What’s the personal allowance 2022/23? The personal allowance in 2022/23 will remain £12,570. This […]
As a contractor, IR35 will have been on your radar for the past two years and making sure that everything you do is IR35 compliant is high on your priorities. If you are self-employed, it is important to know where you stand with IR35. In short, IR35 is the name given to the rules surrounding […]
Millions of workers in the UK will get a pay rise this week when a change to National Insurance (NI) kicks in. From today (6 July). The National Insurance threshold has increased to match the income tax personal allowance, rising from £9,880 to £12,570. The majority of workers however are unlikely to see the rise […]
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