On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal. Investment will be funded by revised debt rules to facilitate additional borrowing and a hefty £40 billion of tax rises.

There have been a lot of changes to National Insurance Contributions and some of them are set to take effect during the tax year. Ensure you are familiar with what’s changing by reading this article. #nationalinsurance #taxchanges