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PRIVATE BUSINESS TAXES


HMRC is offering online traders who have not paid their

The Social Security (Contributions) (Amendment No. 2) Regulations, SI 2012/817, make several changes to the principal NIC regulations at SI 2001/1004.

The Social Security (Contributions) (Re-rating) Order, SI 2012/807, specifies the rates of Class 2 and Class 3 NICs and the amount of earnings below which an earner may be excepted from liability for Class 2 contributi

The Social Security (Contributions) (Amendment) Regulations, SI 2012/573, amend the principal NIC regulations for earners who hold two or more employments, to reflect recent changes to NIC rates.

HMRC will begin writing to more than 50,000 electricians this month, warning them to pay any undisclosed taxes.

Richard Carson reviews the new draft anti-avoidance regime for plant and machinery allowances and discovers that taxpayer concerns expressed during consultation are not entirely allayed.

HMRC has put its business records checks programme on hold until a ‘revamped’ approach is launched ‘early in the 2012/13 financial year’.

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