TaxationWeb's Lee Sharpe dismantles the former Chancellor's claims to save NICs for workers and warns that much of any claimed saving will soon evaporate in the ... Continue Reading
The Coronavirus Job Retention Scheme (CJRS) has been extended from its initial period of 3 months to 30 June, now to 31 October – a total of 7 months. However, ... Continue Reading
The government has published draft NIC Regulations covering the proposed rates of National Insurance Contributions for 2020/21. For many years, these have been trailed ... Continue Reading
RSM UK's Zoe Martin looks at PAYE changes to be implemented in the coming 2020 tax year, in relation to the Employment Allowance. Restriction A new restriction ... Continue Reading
HM Revenue & Customs (HMRC) has more than doubled the number of underpaid workers getting the money they’re owed under the National Minimum Wage, according ... Continue Reading
HMRC has for some time expressed concern about the amount of tax and NIC it is losing out on, because employers are offering cost-effective alternatives to cash ... Continue Reading
HMRC has announced that it will allow a 3-day "period of grace" for the filing of PAYE information, so employers will not incur penalties for delays in filing under ... Continue Reading
HM Revenue & Customs (HMRC) has published a consultation paper National Insurance and Self Employed Entertainers, in which it identifies a number of problems ... Continue Reading
HM Revenue & Customs has today announced that it will refund the Class 1A NI Contributions assessed on holiday homes bought through a company - in cases where ... Continue Reading
The Social Security (Contributions) (Re-rating) Order 2009 (SI 2009/593) comes into force on 6 April 2009.This Order increases the rates of Class 2 and Class 3 national ... Continue Reading
