Top-rate payer? You can save 60.8pc If you use salary sacrifice, your employer might decide to pass on the savings it makes in National Insurance to you via your pension. Additional rate taxpayers would save 45pc in tax, plus 2pc in National Insurance. If the employer passes on its own 13.8pc in National Insurance, this … Read more
If you’re an individual, you can report a change in name or address via the Government Gateway service, post or via HMRC’s app. You can also do this by phone – have your National Insurance number ready. For businesses, you must tell HMRC if your name, business name, personal address or trading address change. You … Read more
Tax tips to cut your tax outgo: It’s the end of the financial year and within months it will be time to file your income tax return for financial year 2023-24 (AY 2024-25). If you are looking to reduce your tax outgo, then it’s important to take note of certain perks that you can avail … Read more