The National Insurance Contributions Act 2015 received royal assent on 12 February 2015. The Act includes legislation on collecting class 2 NIC through self-assessment, new information powers and accelerated payment of NIC in relation to promoters of tax avoidance schemes, and a targeted anti-avoidance rule for employment intermediaries and offshore employers.
HMRC has issued draft class 2 NIC regulations, The Social Security (Miscellaneous Amendments) Regulations, SI 2015/Draft, for a short technical consultation. Consequential amendments to existing legislation are to be made following the National Insurance Contributions Act 2015 gaining royal assent. See details and how to comment.
The National Insurance Contributions Act 2015 received royal assent on 12 February 2015. The Act includes legislation on collecting class 2 NIC through self-assessment, new information powers and accelerated payment of NIC in relation to promoters of tax avoidance schemes, and a targeted anti-avoidance rule for employment intermediaries and offshore employers.
HMRC has issued draft class 2 NIC regulations, The Social Security (Miscellaneous Amendments) Regulations, SI 2015/Draft, for a short technical consultation. Consequential amendments to existing legislation are to be made following the National Insurance Contributions Act 2015 gaining royal assent. See details and how to comment.
