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Financial Improvement Strategies for a New Year

Money Talk

Below are ten suggestions to improve your finances during the year ahead: 1. a new car in 2028 with a $10,000 cash down payment). This post provides general personal finance or consumer decision-making information and does not address all the variables that apply to an individual’s unique situation.

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Speed up warranty claims with secure virtual payments

WEX Inc.

In fact, virtual card transactions are projected to grow from $3 trillion in 2024 to $11 trillion by 2028. Looking ahead as virtual payments gain wider adoption According to Juniper Research, an expert in the payments industry, virtual cards are the fastest-growing B2B payment method.

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Best Paid Jobs of 2019 | Glassdoor

HR Digest

The best paid jobs of 2019 are in healthcare, information technology, data analytics, finance, engineering, and law ( see infographic below ). Bureau of Labor Statistics, healthcare employment is projected to grow 14% from 2018 to 2028—adding about 1.9 They find the salary median for finance professionals lower than in actual fact.

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Government maintains income tax thresholds

Employee Benefits

Autumn budget 2022: The government will maintain the current freeze on income tax personal allowance and higher-rate tax thresholds until April 2028. Chancellor of the exchequer Jeremy Hunt told the House of Commons that personal tax thresholds, including income tax, will be frozen for further two years until 2028.

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Digital healthcare… enhancing employee wellness at every age

Employee Benefits

The UK government plans to increase the retirement age from 66 to 67 by 2028 and 68 by 2044, with experts believing it may eventually rise to 71 (Workplace Wellbeing Professional). While some may plan and organise their finances so they can retire early, the number of employees leaving work due to ill health has increased.

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Buyer’s guide to car salary sacrifice schemes

Employee Benefits

Options include: contract hire, contract purchase, finance lease, employee car ownership, hire purchase and outright purchase. This figure will increase by one percentage point per year from 2025 to 2028. BIK is currently just 2% for electric vehicles (EVs), so the savings can be significant for drivers choosing the greenest cars.

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Fiscal drag: how can employers offset the challenges of a difficult economy?

Employee Benefits

In his Autumn Statement last November, Chancellor Jeremy Hunt extended the freeze on national insurance (NI) and income tax rate thresholds until April 2028. A salary sacrifice arrangement can support employees who are dealing with the impact of fiscal drag. This could add further strain to employees. Open communication is key, adds James.