Silly season announced itself today with a string of stories trumpeting the big news that the Tories are thinking seriously about merging national insurance with income tax.
The Chancellor announced the creation of an NICs Employment Allowance in the 2013 Budget.
Just had an e-mail from Lawspeed headed "News 3rd December 2013" including the following text:
HMRC has said that it will collect outstanding class 2 national insurance contributions (NICs) from PAYE
My client is a partner in a business. Profit share is say £8k.
HMRC has attempted to fix a national insurance (NI) number verification problem under RTI by issuing numbers without the final letter (A B, C or D).
Employees missed out on the big Budget announcements regarding national insurance, but there was a nod towards simplifying NICs for the self employed in HMRC’s
I am a Spanish lawyer based in Marbella hence Spanish tax resident. I am also a UK Solicitor and since August 2010 a UK Notary Public.
Many clients' spouses have been receiving letters that all ask for £626.60 to make up for a gap in NIC to qualify for state pensions.
Are these letters correct?