PAYE and NI

Greenstones Accountants Peterborough - Nathan Hopkins Employee

Proposed Changes to Personal Service Companies from April 2020

In the Autumn Budget the Chancellor announced that the “off payroll” workers rules that currently apply in the public sector would be rolled out to the private sector in 2020. The government have now issued a consultation paper that sets out proposed tax and national insurance changes that will impact on those supplying their services […]

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Peterborough Accountants | Greenstones | David Employee

Class 2 NIC to Continue for Self-Employed

In 2016 the government consulted on a proposed abolition of Class 2 National Insurance Contributions (NICs) for the self-employed. This flat rate contribution, currently £2.95 a week is payable by the self-employed in addition to Class 4 contributions based on the level of profits.

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