@birty4306@BranstonAdams I agree - that those who abuse the system should not to rewarded with benefit. Hopefully there will be the neceassy reforms in the fullness of time.
Salary Sacrifice: Capped at £2,000 from 2029; amounts over this will incur National Insurance, apparently raising £4.7bn in tax - surely individuals and busiensses will renegotiate contracts #farnham@branstonadams#Budget2025#farnhamaccountants
@birty4306@BranstonAdams I fear that there is an agenda to win votes at the heart of what you refer to as "willingly to people who choose not to contribute by working"
New powers for HMRC to pursue the promoters of tax avoidance schemes - HMRC are looking at Corproation Tax and PAYE as this apparently where the bulk of the "tax gap" is perceived to be. #farnham@branstonadams#Budget2025#farnhamaccountants
The chancellor tells MPs she's putting money back into the hands of local and regional leaders with £13bn of flexible funding for seven mayors - the south east seems "left out".#farnham@branstonadams#Budget2025#farnhamaccountants
Iread incresed spending with the removal of the two-child benefit cap - costing £3bn by 2029-30 - the OBR estimates this will increase benefits for 560,000 families by an average of £5,310. #farnham@branstonadams#Budget2025#farnhamaccountants
As I read it from April 2027, the Cash ISA annual allowance will be lowered to £12,000 (down from £20,000). However, individuals over 65s will continue to benefit from the £20,000 limit.#farnham@branstonadams#Budget2025#farnhamaccountants