News
News
Child Benefit Increases from 7 April: What Employers Need to Know
From 7 April 2025, families receiving Child Benefit will see an increase in their payments. HM Revenue and Customs (HMRC) has announced that the weekly rate will rise to £26.05 for the eldest or only child and £17.25 for each additional child. This means an annual payment of £1,354.60 for the first child and £897 for each subsequent child. These payments, usually made every four weeks, are automatically into claimants’ bank accounts.
UK Government requests views to shape response to US tariffs
The UK Government is currently considering its response to the ‘reciprocal tariffs’ announced by the US President Donald Trump on 2 April.
Changes Coming to GB-NI B2B Parcel Movements in May
From 1 May 2025, all B2B (business to business) parcels travelling from Great Britain to Northern Ireland will need to have information submitted onto the Customs Declaration Service.
£20 million Investment in Community Housing
The government has announced a £20 million package that will help community land trusts, housing cooperatives and other community groups to build over 2,500 new homes in the next 10 years.
Spring Statement: How is your business affected?
The Chancellor of the Exchequer, Rachel Reeves, delivered her Spring Statement last week in which she outlined the government’s economic plans, including spending decisions, tax policies and efforts to boost growth while managing public finances.
Are you ready for April 2025?
The new National Living Wage and National Minimum Wage rates will come into force from 1 April 2025.
Identity verification coming to Companies House
As part of the changes being gradually introduced by the Economic Crime and Corporate Transparency Act (ECCT), identity verification is set to become a Companies House requirement.
No change to Bank of England base rate
The Bank of England held its regular meeting to discuss interest rates last Thursday.
Safe working with screens: What employers need to know
The Health and Safety Executive are reminding employers about their responsibilities to protect workers from the health risks that come from working with display screen equipment (DSE), including PCs, laptops, tablets and smartphones.
Your voice could be your password
HM Revenue and Customs (HMRC) have plans to use a callers voice as their password in an effort to speed up phone calls.
Higher tax threshold for side hustles: What could it mean for you?
Last week, the tax minister responsible for HM Revenue and Customs (HMRC), James Murray, delivered a speech marking the 20th anniversary of HMRC. Previously, the UK’s tax authority was known as Inland Revenue.
New contract agreed for GPs
A new deal for GPs has been agreed between the government and the British Medical Association (BMA).