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NICs (Termination Awards and Sporting Testimonials) Bill debates

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A Public Bill Committee debated the Bill on 14 May, with no amendments made. Report stage and third reading took place in the House of Commons on 10 June. The Bill will now go to the House of Lords for consideration.

The Bill, first presented to Parliament on 25 April 2019, will apply Class 1A employer NICs with effect from 6 April 2020 to those parts of termination awards and sporting testimonial payments already liable to income tax.


Issue: 1447
Categories: News