PBR 2007: Anti-avoidance measures
The government's continual fire-fight in their crusade against tax avoidance means this year's PBR features a whole host of retrospective measures. Here's the latest on how the Treasury hopes to plug a few holes in their tax dyke:
PBRN 02 - NI contributions exemptions
The NIC exemption for holiday pay is due to be withdrawn. Legislation to remove this exemption completely will be laid on 9th October and take effect after 30th October.