Employers’ national insurance contributions will increase but Chancellor Rachel Reevees has thrown a lifeline to small businesses. The Employment Allowance will increase from £5,000 to £10,500 so 865,000 employers won’t pay any national insurance at all next yea
Hospitality businesses across the UK have made a last minute plea for a lifeline in the autumn budget. Food, drink and leisure businesses across the country are struggling to stay afloat, with many still struggling with the effects of Covid and Brexit, plus increased energy costs, inflation and the cost-of-living crisis.
National Minimum Wage increases and an increase in employer National Insurance contributions in the autumn budget may be the final nails in the coffin for struggling firms. But, workers and public sector workers say they need urgent help.
Carer's Allowance earnings thresholds could rise by around £30 a week in tomorrow's (October 30) Autumn Budget.
Changes are expected to National Insurance, Universal Credit, National Minimum Wage, Carers' Allowance, Child Benefit and Free Childcare Hours among others
Families across the country will be hoping for a helping hand as Labour announces its first budget in almost 15 years. Parents, particularly those on lower incomes, will be looking for help with child benefit, breakfast clubs and free childcare hours.
The national minimum wage is expected to go up by up to 6.7% next year, to £12.21 for adults. Apprentices and younger workers could receive an even bigger percentage rise
The bus fare cap in England will rise from £2 to £3 at the end of this year, Keir Starmer has said, as Rachel Reeves prepares to raid transport funding in this week’s budget.
Capital gains tax is one of the areas expected to change in this week's autumn budget announcement
Changes to Universal Credit could see 1.2 million households up to £420 a year better off
