Market leading insight for tax experts
View online issue

Good and Bad News

Richard Holme and Elizabeth Robertson Creaseys Tunbridge Wells report on the OMB sector post the Finance Bill
The OMB sector is faced with uncertainty through the war in Iraq and is coming to terms with the increases in National Insurance prevailing from 6 April 2003. We can at least be thankful that Gordon Brown has not announced any further increases to supplement those which are apparently taking £8 billion out of the economy.
The increases in National Insurance are difficult to avoid although we have seen some attempts to accelerate bonuses for senior staff. Otherwise we are looking at pension planning and a very limited exemption from National Insurance for certain benefits (for example child care vouchers). The increase in NIC is therefore a cost which the...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.