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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PAYE and NI
Could our top tax tips help you pay less tax for 2018/19?
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.
Did you know that you can now view your National Insurance record online?
The national minimum wage increased for most age bands and apprentices from 1 October 2016.
Most business owners are aware of the national minimum wage rates of pay, and pay their employees in accordance with this. However, if an employee made a complaint about you, how would you prove the correct amounts were paid?