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will i get a state pension Paying NICs

Paying up your NICs

March 15, 2023

If you haven’t already retired, you need to rack up 35 full years of National Insurance Contributions (NICs) in order to receive the maximum state retirement pension. To receive any amount of state retirement pension, you need at least 10 full years of NICs contributions. Your online personal tax account (at: will show you

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Rise Increase Rates

Rise in Interest Rates for the first time in 10 years

November 10, 2017

Rise in Interest Rates Last Week for the first time in more than 10 years, the Bank of England has raised interest rates.   The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007 and according to Mark Carney, the Bank of England Governor, it is likely to

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When must a business register for VAT

October 17, 2017

  A business should register for VAT if their ‘Taxable Supplies’ over the past 12 months have exceeded the VAT registration threshold. From April 2017, the VAT registration threshold has been £85,000. Therefore, if at the end of any month, the total value of all the taxable supplies over the previous 12 months is greater

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