Autumn Statement 2016

Self-employed Class 2 National Insurance will not be scrapped The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.Class 2 NICs are currently paid at a rate of £2.95 per week by self-employed individuals with profits of £6,205 or more per year. The government had…

Tax Fee Protection insurance

Self-employed Class 2 National Insurance will not be scrapped The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.Class 2 NICs are currently paid at a rate of £2.95 per week by self-employed individuals with profits of £6,205 or more per year. The government had…

HMRC cracking down on MVLs (Members Voluntary Liquidations)

Self-employed Class 2 National Insurance will not be scrapped The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.Class 2 NICs are currently paid at a rate of £2.95 per week by self-employed individuals with profits of £6,205 or more per year. The government had…

Autumn Statement 2015

Self-employed Class 2 National Insurance will not be scrapped The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.Class 2 NICs are currently paid at a rate of £2.95 per week by self-employed individuals with profits of £6,205 or more per year. The government had…

Summer Budget 8th July 2015

Self-employed Class 2 National Insurance will not be scrapped The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.Class 2 NICs are currently paid at a rate of £2.95 per week by self-employed individuals with profits of £6,205 or more per year. The government had…

Automatic enrolment – Pensions regulations

Self-employed Class 2 National Insurance will not be scrapped The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019.Class 2 NICs are currently paid at a rate of £2.95 per week by self-employed individuals with profits of £6,205 or more per year. The government had…