Government makes U-turn on national insurance rises

__     The Government has announced it will scrap plans to increase national insurance payments for the self-employed.     Chancellor Philip Hammond wrote a letter to Tory MPs in which he stated there would be no increases in rates this Parliament, and will make a further statement on the matter in the House… Continue reading

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Budget 2017: what HR needs to know

__ – Many self-employed people will pay increased national insurance contributions (NICs), it was announced in today’s budget, as chancellor Philip Hammond aims to reduce the “tax advantages” of opting out of full employment. – – The change will affect all self-employed individuals earning more than £8,060. At the same time, class 2 NICs paid by… Continue reading

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