The new financial year will see the introduction of a wide-range of new laws and legislation - here's how they will affect you
From next month, new laws including changes to National Insurance and employment rules will come into effect with the start of the new financial year.
Those aged 21 and 22 will also be included in the higher National Living Wage for the first time which will be set at £11.44 from April 1. Workers on the National Minimum Wage will see a new rate of £8.50 an hour - an increase of almost 15 per cent. He told the House of Commons when announcing the policy: "From April 6, employees National Insurance will be cut by another 2p, from 10% to 8%. And self-employed national insurance will be cut from 8% to 6%.New employment rules From April, workers will be given the right to request flexible working from their employer from day one of their job next year.
From July, employers will be banned from withholding tips under the Employment Act 2023. The Bill makes it unlawful for businesses to hold back service charges from their employees, ensuring staff receive the tips they have earned. The threshold for Child Benefit will also be increased for a single earner from £50,000 to £60,000 before penalties are applied. When announcing the new Child Benefit policy, Mr Hunt said: "I confirm that from this April the high-income child benefit charge threshold will be raised from £50,000 to £60,000.
New car taxes and changes to electric vehicles Vehicle Excise Duty is set to rise from April 1 in line with inflation based on the Retail Price Index - an increase of roughly 6 per cent. A full breakdown of the new rates can be found here.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cheltenham Festival 2024 race results: Full rundown of schedule, race start times and every winner...EDGE: No betting luck for Jim White at Cheltenham Festival, but great memories with Lee Westwood and John O’Shea
Read more »
Premier League Darts fixtures 2024: Full schedule with Michael van Gerwen setting the early paceAll the 2024 Premier League fixtures and results as Luke Littler, Michael van Gerwen and Night Six winner Luke Humphries get set to headline in Nottingham.
Read more »
Celebrity Big Brother 2024 Cast - Full Line-up RevealedA Love Islander, Strictly Pro and not one but TWO former X-Factor judges are included in the Celebrity Big Brother lineup
Read more »
Full Glastonbury festival line-up 2024Canadian singer Shania Twain, London-born Dua Lipa, band Coldplay and American singer SZA have been announced as acts for Glastonbury 2024
Read more »
Vote now for April 2024's TA Playlist gameIt’s time to take a break from the huge, blockbuster AAA epics and focus on a shorter experience in April. Which of these indie darlings from Xbox Game Pass will you choose for the April 2024 TA Playlist?
Read more »
Oscar nominations 2024: Full list of films and stars in the running this yearOppenheimer, Barbie, Poor Things and Killers Of The Flower Moon are among the films up for several Oscars this year - scroll down to see which movies and stars are up for what.
Read more »