Welcome to our second newsletter for 2024 aiming to bring you the latest in financial news and updates.

This month we focus on the following topics:

NATIONAL INSURANCE CUT BOOSTS UK HOUSEHOLDS In a move to ease financial burdens on UK households, the Government has implemented a historic National Insurance (NI) cut, providing relief for 27 million taxpayers.

ECONOMIC CONFIDENCE INDEX DECLINES Business leader confidence in the UK economy fell to -28 in December 2023 after hitting -21 in November, according to the latest economic confidence index from the Institute of Directors (IoD).

HMRC ENFORCES TIGHTER RULES ON ‘SIDE HUSTLE TAX’ In a bid to tighten tax regulations and combat tax evasion, HMRC is implementing measures affecting sellers on platforms such as eBay, Vinted, Airbnb and Etsy.

UKEF INTRODUCES ENHANCED FINANCING FOR SMALL BUSINESSES In a move to boost international trade and foster greater exporting opportunities for small businesses, UK Export Finance (UKEF) has introduced more flexible and expedited financing.

WANT TO TALK TO AN EXPERT? Call one of the team at Porter Garland for advice on any of your financial matters.  Or to keep reading, click this link: newsroundup-feb24-default

We’re waiting to hear from you. We can’t wait to be a part of your journey, so get in touch with us today, and let’s get to work.