Sep 10, 2024 | Current Affairs
Over a million low-paid workers are expected to receive a significant wage increase in 2025, as the Government pledges to raise the National Living Wage (NLW) to £12.10 per hour. This comes as part of a broader commitment by the Government to ensure wages reflect the...
Sep 10, 2024 | Current Affairs
The Government will reportedly not proceed with plans for a British Individual Savings Account (ISA), which would have encouraged savers to invest in UK-listed stocks. The decision comes after Labour officials expressed concerns that the new product would...
Sep 9, 2024 | Current Affairs
From 2025, the national minimum wage for 18 to 20-year-olds will begin to rise, though the increase will not happen instantly. In line with Government policy, the Low Pay Commission has announced an interim plan to start aligning the current young person’s rate...
Sep 6, 2024 | Current Affairs
The Government has decided to drop the proposed “British ISA,” a savings product to boost investment in UK-listed stocks. Initially developed by the previous Government, this ISA would have allowed savers to invest an additional £5,000 tax-free,...
Sep 2, 2024 | Current Affairs
HMRC has introduced new advisory fuel rates, effective from 1 September 2024, impacting company-car drivers across the UK. These rates, which apply to petrol, diesel and electric vehicles, are used to either reimburse employees for business travel or to repay the cost...
