Renewed calls today to reduce taxation in order to boost the economy, this time coming from London Mayor Boris Johnson. Official figures are showing a minute growth of 0.2 percent between April and June this year, much below the expectations of many ministers. The same ministers are now putting pressure on Chancellor George Osbourne to try and [...]
Sunday, January 23, 2011
Following on from our update late last year to reflect the tax rates and allowances for the upcoming 2011/2012 tax year, we have just completed the addition of a new unique feature to help you keep track of your personal taxation. In the UK, employed people pay Class 1 National Insurance Contributions on PAYE income above [...]
Saturday, January 9, 2010
Even though NIC rates are staying put for most people throughout the coming tax year, from April 2011 there will be increases made for employers, employees and the self-employed.
Wednesday, August 19, 2009
HMRC have amended the form CWF1 which is completed by those individuals who have set up a new business either as a sole trader or as a partner in a partnership. The form is used to notify liability to Class 2 National Insurance Contributions (currently £2.40 a week) amongst other things. Under the revised behaviour based [...]
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Wednesday, July 27, 2011
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