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Modifications to National insurance contributions and dividend allowance

Let us delve into some of the modifications and their potential implication in the new financial year beginning 6th April 2024, NATIONAL INSURANCE CONTRIBUTION RATE CHANGE One of the pivotal changes entails the reduction in Class 1 employee National Insurance Contributions (NICs) from 10% to 8%. This significant adjustment can impact the take-home pay of […]

A nice entry

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