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Autumn Budget 2021
Key Points from todays Autumn Budget

– The national living wage will increase to £9.50 an hour next year, up from the current £8.91. An increase of 6.6%.

– The Universal Credit taper rate will be cut by 8% from no later than December 1, bringing it down from 63% to 55% – this …

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Autumn Budget 22 November 2017 – Key Points
Hammonds ‘Balanced approach’ – the key points:

Business

£500m to go towards a 5G mobile network, fibre broadband and AI
1% increase in Benefit in Kind on diesel company cars
Vehicle Excise Duty to go up by 1 band from 2018 on cars that don’t meet the standard

Northern Ireland

Extra £650m to …

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Key Points Spring Budget 2017
The Spring budget was presented by Mr Philip Hammond on 8th March 2017.

A summary of the main points are noted below:

Class 4 National Insurance to increase from 9% to 10 % in April 2018 and to go up to 11% in April 2019. All class 4 earnings above £43,000 will continue …

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Married Couples Allowance
Transfer unused tax allowance to save up to £212.00 in tax year 2015/16
If you are a married couple or are in a civil partnership, you may qualify for couples tax relief worth up to £212 in 2015/16.
Who does this apply to?
This tax relief is available to married couples and couples in a …

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Budget 2016 – Key Points
Sugar levy on soft drinks
This aims to raise £520m in a two-part levy on companies – one for total sugar content above 5g per 100ml and one for drinks with more than 8g per 100ml – to be introduced in two years’ time. Pure fruit juice and milk are excluded. It will be used …

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