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Filter bySort byPensions income needed to retire risesPosted on: 4th March 2024The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA). The rising cost of living and an increased importance on…More than 500 firms named and shamed for underpaying staffPosted on: 4th March 2024The government has named and shamed over 500 UK employers for underpaying their employees. 524 businesses were named for failing to pay the minimum wage to pay 172,000 workers, with offending employers ordered to pay…Latest guidance for employersPosted on: 4th March 2024HMRC has published the latest issue of the Employer Bulletin. The February issue has information on various topics, including: 2024 National Insurance contributions rate changes end of year reporting basis period reform simplifying the reporting…Advisory fuel rates for company carsPosted on: 4th March 2024New company car advisory fuel rates have been published and took effect from 1 March 2024. The guidance states: 'you can use the previous rates for up to one month from the date the new…Government borrowing falls as Chancellor hints at tax cuts in Spring BudgetPosted on: 6th February 2024Government borrowing fell to £7.8 billion in December 2023 giving Chancellor Jeremy Hunt more scope to make the tax cuts he has hinted at in the Spring Budget. The Office for National Statistics (ONS) data…
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