We are pleased to say we have a new bank contact with Metro bank in Orpington, specialising in small businesses. For a same day business bank account opening please contact and explain you are a PMC client.
Following on from the Bank of Englands base rate cut of interest rates to 5% from 20th August HMRC have cut their late payment interest rate to 7.5% from 7.75%
There will be 4 types of National Insurance for 24/25. Remember that you should not be paying NI when you reach pensionable age, with class 4 stopping in the year you reach this age.
Labour have just won the general election with a landslide victory leading to a 170 seat majority at the time of this newsletter, we shall keep you in touch of the new Governments fiscal policies.
Please click on the following link to find your 2024/25 PMC Pomfrey tax card to inform you of all this years tax rates, which we hope you find useful.