Business and Tax News - Nic

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September 15th 2019
Tax Week 24
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NIC - NEWS

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.
Employment Allowance Claimed By Nearly 1.2 Million Employers

PERSONAL TAX

Employment Allowance Claimed By Nearly 1.2 Million Employers

Employment Allowance of £3,000 can remove the Employers' NIC bill for three full-time employees paid minimum wage.
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