If you are getting ready to leave school or college, you need to know how your next choices might affect you financially. Here is our guide to your next steps after school or college – this will be updated in the next few weeks to reflect the updates from the Chancellor’s Spring Budget on 6th March 2024 and the new tax rates for 24/25.
- Apprenticeships
- Employment
- Self-Employment
- Further education (college/university etc)
HB Accountants have reviewed each of the above paths to help you choose which one might be best for you.
Feel free to download our guide here:
Final thoughts from HB Accountants
This is a very simplified list of financial matters to help you. As your income increases you may be looking at other investments and financial planning for your own family. By being aware of the financial implications of your life from an early stage you will be able to plan matters to your advantage as well as enjoying your life.
Good luck on your journey
We are here to help support and grow your business by giving you access to experienced accountants and useful information no matter your business size or sector.
Please feel free to contact the team here on 01992 444466. We’re accountants for business and we’re here to help you grow.
The information contained above is for general guidance purposes only. Whilst every effort has been made to ensure the contents are accurate, please note that each individual has different circumstances and it is essential that you seek appropriate professional advice before you act on any of the information contained herein. HB Accountants can accept no liability for any error.
Read Our Latest Blogs Below
- Vehicle Excise Duty on Electric Cars from 1 April, 2025If you drive an electric vehicle, you need to be aware of these changes to road tax. Currently, electric vehicles (EVs) are exempt from Vehicle Excise Duty (VED) also known … Continue reading
- Post Autumn Budget Tax Rates update: 2024-25 tax yearFollowing the Autumn Budget delivered by the Chancellor last month, it is important to understand any changes to UK tax rates and allowances. This information enables you to make the … Continue reading
- Thank You For Signing Your Engagement Documentation!Please remember to email over your in-date, Government-issued photo ID. Where this doesn’t include your home address, please provide two proofs of address (utility bill, bank statement etc.) Many thanks … Continue reading
- Budget Breakdown: Insights for Self-Employed, Companies, and Everyday EarnersOn 30th October, Chancellor Rachel Reeves has presented Labour’s first Budget since their election. Understanding how their changes to the UK tax system impacts on your business and personal affairs … Continue reading
- Would you host a T Level student? We are!T Levels are a 2-year, national qualification for 16-19 year olds and are an alternative option to A Levels and apprenticeships. Students choose to study T Levels as they offer … Continue reading