This site uses cookies to improve your browsing experience and analyse use of our website. By clicking ‘I accept’ you agree and consent to our use of cookies. You can find out more about our cookies here. Find out more

salary sacrifice

HOW WILL THE HEALTH AND SOCIAL CARE CHANGES AFFECT YOUR TAX LIABILITIES AND CONTRIBUTIONS TO CARE?

On 7 September 2021 the government, as part of its intention to reform the care sector and NHS funding, announced a new tax: The Health and Social Care Levy. Initially this will operate as an additional National Insurance (NI) contribution but from 2023 will be a separate tax.

Will you be affected by the National Living wage and National Minimum wage rises in April 2021?

Following recommendations made by the Low pay commission (LPC) at the end of October 2020 the government has confirmed that the National minimum wage (NMW) and National Living Wage (NLW) will both be increasing from the 1 April 2021.