From April 2014, the NIC employment allowance will come into force for UK businesses and charities, where NICs will be cut by up to £2,000.
Disposal of employee shares and adviser negligence
Teresa Payne and Philip Fisher examine common misconceptions and clarify the income tax and NIC issues around non-executive directors.
The National Insurance Contributions (Application of Part 7 of the Finance Act 2004) (Amendment) Regulations, SI 2013/2600, come into force on 4 November 2013.
HMRC has published a new 17-page guidance note on the limits to income tax relief introduced by FA 2013. The rules apply to certain reliefs that reduce an individual’s total income. The limit is the greater of £50,000 or 25% of the individual’s income in a tax year.
The Financial Times reported (24 October 2013) that François Hollande, the president of France, will be facing unprecedented strikes by the country’s football clubs in the top two divisions, who have cancelled all matches in the final week of November in protest at the ‘unfair and discri
Director’s personal liability for company’s unpaid NIC
New electronic messages to help employers
The CIOT technical team looks at the digital service