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Confused by new NICs changes?

The changes to NICs announced in the Spring Statement were not straightforward for employees, company directors and the self-employed. Let’s set the record straight.

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Happy new (tax) year?

The new year is a time of resolutions and the same is true of the new tax year, but from a personal financial standpoint, the 6 April does not signal a positive outlook. How prepared are you for the taxing times ahead?

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Check your April pay slip

Your April pay may look much the same as March’s, but it is worth giving your pay slip a close look. If you are an employee, your April pay slip is always worth checking, even if you pay little attention to the other eleven you receive over a year.

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Class 2 NICs here to stay

The Chancellor has changed his mind – again – on National Insurance Contributions (NICs) for the self-employed. The Treasury has revealed that Class 2 NICs will remain for at least the rest of this Parliament.

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The quiet NIC increases

The first Budget of 2017 hit a serious obstacle when the Chancellor attempted to raise national insurance contributions for the self-employed. This time around he was subtler in his approach.

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