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Tag: NIC

We hope you find our posts interesting and informative.

BUDGET AND SPENDING REVIEW

15 November 2021

On 27 October 2021, the Chancellor delivered his third Budget in conjunction with the Public Spending Review. Many of the spending announcements had already been leaked to the Press prior to Budget Day and arguably a lot of it was…

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CERTAIN PROPERTY BUSINESS OWNERS ARE LIABLE TO CLASS 2 NICs

28 September 2020

Class 2 National Insurance Contributions (NICs) are currently paid at the rate of £3.05 per week by self-employed earners. A person who is liable to Income Tax on the profits arising from the receipt of property rental income will only…

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