Businesses delay recruitment and salary reviews.
Rising employment taxes hit UK hiring
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PAYE and NI
Tax receipts rise despite National Insurance cuts
Business tax and income tax fuel the increase.
PM proposes scrapping National Insurance
Simplifying tax could require other increases.
Stealth tax and savings shake up salary bands
Fiscal drag raises tax burden for many.
HMRC removes self-assessment for PAYE high earners
Those with PAYE income over £150,000 exempt from 2024/25.
HMRC explains termination payment rules
Employers should take care when finalising severance packages.
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