national insurance

News by Tag

What do the NI rate cuts mean for you?

15th January 2024
What do the NI rate cut changes mean for both the employed and the self-employed? And what action do you need to take, if any?  Natasha Crockatt from our Payroll team explains below. Classes 2 & 4 currently The self-employed currently pay two classes of NI contributions – Class 2 and Class 4. Class 2...
Joanne Gibson, Partner JRWCA

NI break if you employ a veteran

10th September 2021
The government has introduced an NI exemption to encourage employers to take on former military personnel. If this is something you’d like to support, what are the key considerations? Head of Payroll Joanne Gibson advises. Overview The government made a commitment at the last election to better support veterans in their transition to civilian employment....

NI U-TURN BUT CUT TO DIVIDEND ALLOWANCE WILL STILL GO AHEAD

23rd March 2017
As you will be aware, the proposed increase in National Insurance paid by the self-employed has now been shelved. Whilst this U-Turn is to be welcomed, the announced reduction in the tax-free dividend allowance will affect those who run their own companies, Julie Robertson takes a closer look. The Chancellor had announced in the Budget...

BUDGET IMPLICATIONS

15th July 2015
by Kevin D. Ferguson BA CA, Partner , JRW Chartered Accountants   In this month’s article we provide a summary of the key tax points from the Summer Budget. We have mainly concentrated on the tax measures that will directly affect individuals, employers and small businesses in 2016 and 2017. Tax rates and the personal...