The Bank of England’s two unscheduled base rate changes in March took interest rates to a new all-time low. The Bank of England’s 0.5% cut in its base rate to 0.25% on Budget Day (11 March) was far from being … Continue reading →

The 11 March Budget from the Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. On 17 March a further raft of measures was announced, amounting to an additional £20 … Continue reading →

The new National Insurance Contributions (NICs) scales for 2020/21 were announced ahead of March’s Budget, with one slight surprise hidden in the numbers. Are NICs a tax?      Over many years, Chancellors have tried to convince the public that … Continue reading →

The 11 March Budget from the new Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. On 17 March a further raft of measures was announced, amounting to an additional … Continue reading →