What’s Changing and How to Stay Compliant
2025 brings several updates for sole traders:
- NICs for employers increased to 15%
- Employment Allowance rises to £10,500
- Minimum wage and statutory pay rates increase
- Student loan repayment thresholds change
These updates affect payroll, budgeting, and compliance. Sole traders should review their payroll systems and ensure they’re using up-to-date software.
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