Employer NICs rise may have unforeseen consequences

The extra costs of the increase in employers’ NICs could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned. At the Autumn Budget, Chancellor Rachel Reeves announced... Read Full Article...

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HMRC launches online voluntary NICs payment service

HMRC has launched a new online voluntary NICs payment service. The government says the new service will make it easier for customers to check for and fill any gaps in their National Insurance record to help increase... Read Full Article...

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Jeremy Hunt cuts NICs again in the Spring Budget

The Chancellor made further changes to National Insurance contributions (NICs) following the cuts made in the Autumn Statement 2023. The rates for NICs will be cut by two percentage points for both employees and the self-employed from... Read Full Article...

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HMRC to fine crypto investors £300 for non-disclosure

UK-based holders of cryptoassets will have to provide personal details to crypto... Read Full Article...

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