Employee Benefits
NOVEMBER 17, 2022
Autumn budget 2022: The government has decided to maintain the current freeze on employers’ national insurance (NI) contribution thresholds for a further two years. Chancellor of the exchequer Jeremy Hunt told the House of Commons in his autumn budget that the freeze would continue to April 2028.
Employee Benefits
MARCH 6, 2024
Spring Budget 2024: The government is to cut employee national insurance contributions (NICs) by two pence, falling from 10% to 8% from 6 April. When combined with the cuts announced in the Autumn Statement 2023, the OBR expects that total hours worked will increase by the equivalent of around 200,000 full-time workers by 2028-29.
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Employee Benefits
FEBRUARY 21, 2024
The new year has already brought some welcome news for employees, with the cut in employee national insurance contributions (NICs) from 12% to 10%. Furthermore, the cut must be viewed in the context of a creeping counterbalance known as fiscal drag, caused by the government’s freeze in the tax and NIC thresholds until April 2028.
Money Talk
JANUARY 11, 2023
Insure For Large Financial Risks- Insurance coverage should be reviewed periodically. Be sure to cover “big ticket” risks, such as liability, disability, loss of a breadwinner’s income, and destruction of your home, that would wipe out your savings without insurance coverage. a new car in 2028 with a $10,000 cash down payment).
PeopleKeep
APRIL 21, 2021
In fact, the Centers for Medicare & Medicaid Services (CMS) projects that as the baby boom generation continues to transition from private health insurance into Medicare, 75 million Americans will be enrolled in Medicare by 2028.
InterWest Insurance Services
JULY 16, 2024
19, 2028 for mixtures. Compliance deadlines are staggered: First: Chemical manufacturers, importers or distributors evaluating substances will have to comply by Jan. 19, 2026, while those that evaluate mixtures will have to comply by July 19, 2027.
InterWest Insurance Services
MAY 21, 2024
After that, the threshold will be increased every three years, starting in 2028. The so-called “white collar” exemption threshold will increase to: $844 per week ($43,888 per year) on July 1. 1,128 per week ($58,656 per year) on January 1, 2025.
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