Business and Tax News - National Insurance

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February 25th 2020
Tax Week 47
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NATIONAL INSURANCE - NEWS

Incoming Tax Cuts From April 2020 Confirmed

PERSONAL TAX

Incoming Tax Cuts From April 2020 Confirmed

Both employed and self employed to benefit from increase to the primary threshold for national insurance contributions.
National Insurance Fund : Current Balance 24.2 Billion Pounds

PERSONAL TAX

National Insurance Fund : Current Balance 24.2 Billion Pounds

Since July 1948, the National Insurance Scheme has provided unemployment benefit, sickness and other benefits and pensions. We look at the funding for the scheme and its current status in both Great Britain and Northern Ireland.
Tax Break For Self Employed Now Axed

PERSONAL TAX

Tax Break For Self Employed Now Axed

A delayed £150 tax cut for the self employed will no longer go ahead.
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