HMRC urges customers to file their Self Assessment tax returns ahead of the 31 January 2025 deadline to avoid a £100 late filing penalty. More than 7.4 million Self Assessment customers have already filed their tax return for the 2023 to 2024 tax year.
It has been estimated that approximately 200,000 local workers in NI are on the Government's job retention (furlough) scheme, which covers 80% of wages up to £2,500 a month.
Advice NI welcome the growing calls for Government to act to extend the suspension of the 'Minimum Income Floor' for self employed Universal Credit claimants.
Despite the Government announcement on Friday about a different Job Support Scheme to follow the current furlough scheme, we in Advice NI remain concerned that thousands of employees across Northern Ireland could see their jobs under threat and so face the daunting prospect of claiming UC.
Over ½ million issues dealt with in last year by the Independent Advice Network. Social Security issues continue to dominate workload as a spike in employment and redundancy related enquiries set to grow Advice NI produces new guidance paper on redundancy.