💨 Abstract

The new financial year in April brings significant tax changes for Britons. Employers' National Insurance Contributions (NICs) have increased from 13.8% to 15%, while the Employment Allowance for smaller employers has risen from £5,000 to £10,500. Council tax is increasing across England, Scotland, and Wales, with income tax thresholds rising only in Scotland.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖