Income Tax

NIC and Dividend Tax Rates

Proposed NIC and Dividend Tax Rates The government has recently brought forward plans to change the funding of social care with a proposed increases in NIC and dividend tax rates . It is proposed that there will be a 1.25% rise in National Insurance Contributions...

Making Tax Digital for Income Tax

Government Postpone Making Tax Digital for Income Tax to 2024/25 Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making Tax Digital for Income Tax Self-Assessment (ITSA) a...