Our recruitment brochure provides a great insight into what it’s like to be an employee and will help to answer many of your questions. Download it now for some offline reading.
Chancellor’s Autumn Statement: Employee National Insurance cut by 2% from Jan 6, 2024, benefiting 27 million. Examples show potential savings, e.g., £754 for earnings £12,570 to £50,270.
As of April 1, 2023, UK Corporation Tax: 25% for profits over £250,000, 19% Small Profits Rate for up to £50,000, with marginal relief bridging the gap.
The Enterprise Investment Scheme (EIS) supports smaller trading companies by offering tax reliefs to investors buying new shares. Qualifying criteria include fundraising limits, employee count, and asset values. HMRC’s ‘advance assurance’ service helps businesses ensure eligibility.