The government has asked experts to help it integrate national insurance contributions (NICs) and income tax. Nick Huber reports.
We have an LLP for whom we operate the payroll and I wonder if anyone can clarify the situation on Directors NIC treatment?
For tax advisers, there were two main areas of suspense on 23 March.
If a trust is settled out of personal assets, for the benefit of family and employees, and the company takes no deduction (and the trustees are completely independent): is there a NIC liability?
Preparing the 2009/10 Tax Return it was clear that deferment of Class 2/4 NIC was appropriate. We duly submitted the form for 2010/11 and this has been returned by the NIC Office.
HMRC is facing another media onslaught over its management of PAYE records after an MP released figures showing that more than 9m National Insurance payments going back to 2004-05 have not been cre
The government has published draft legislation of its Finance Bill 2011 including new proposals to tighten up on PAYE and NIC payments.
These tables reflect announcements made on 24 March, 22 June and 2 & 9 December 2010.
I am employed.
I have been offered some work, to do some translating for a company (unrelated to my employer and different sort of work completely).
- Tax tables 2013-14 47,959 12
- Tax tables 2011-12 22,093 9
- Employment allowance: £2,000 NIC break unveiled for 2014-15 19,231 33
- Tax tables 2012-13 15,009 4
- Regional NIC holiday for start-ups kicks off 10,473 5