by Gareth Thomas | Feb 8, 2025 | Accounting, Finance, National Insurance
Your state pension is one of the most important benefits linked to your National Insurance contributions (NICs). But what happens if you don’t have enough qualifying years to secure a full state pension? Paying voluntary Class 3 NICs could help plug the gaps—but is it...
by Gareth Thomas | Jul 18, 2024 | Accounting, Business, Employment, Finance, Taxes
When it comes to retiring an employee, ensuring tax efficiency is crucial. However, it’s essential to understand that not all lump sum payments made to departing employees are automatically exempt from tax under the £30,000 exemption for termination payments...
by Freya Duff | Nov 4, 2019 | Accounting, Business, Careers, Finance, Investments
Have you considered setting up a self-invested personal pension (SIPP) for your retirement, which you and your employer can contribute to? Read below to find out everything you need to know. What is a SIPP? A SIPP is a self-invested personal pension, for those who...