Further Updates to National Insurance Contributions – July 2022
Facebook Twitter Linkedin Youtube What exactly is National Insurance (NIC)? National insurance is a compulsory tax paid by employees and employers. This was introduced back in 1911 and expanded by the Labour government in 1948. The tax is applied to all those over 16 years of age (when you receive your National Insurance number) until […]
How the National Insurance Contribution Increase may affect you post April 6th
Facebook Twitter Linkedin Youtube So how much will I be paying in NIC? We’ve all seen the line item National Insurance Contribution on our pay slips, it’s a deduction that is factored in automatically if you work on PAYE basis. And, whether it’s from coffee machine small-talk or national new outlets, we’ve all been made […]
Increases to National Minimum Wage in the New Tax Year
Facebook Twitter Linkedin Youtube It’s no secret that the entire population of the UK is subject to some contribution increases when the new tax year hits us on April 6th 2022. We wanted to get comprehensive information to you ahead of time so that you know what to expect as an umbrella employee. National Minimum Wage […]
