Auto enrolment Pensions. Please note that from April 2019 auto enrolment pension contributions will be increasing again. The employer contribution is raising from 2% to 3% and the employee contribution from 3% to 5%, thus the overall minimum contribution is raising from 5% to 8%.
Spring Budget 2024 – please read on for the main points of note.
If your 2023 tax is not paid by 1st March 2024 there is a 5% penalty based on the outstanding tax amount, if not paid by 1st August 2024 then another 5% penalty and if still unpaid by 1st Feb 2025 yet another 5%.
Remember to pay your balancing personal tax payment for 2023 plus your first account payment for 2024 by 31st January 2024. You can pay this by going to www.hmrc.gov.uk/pay-self-assessment-tax-bill