How much extra will I have to pay for National Insurance? The new UK tax rate, as well as what it implies for me, are all discussed. The government claims that the increase in National Insurance will help with health and social care, but it has sparked fierce debate as…
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NIC AND COMPANY DIRECTORS
Special rules apply to company directors when it comes to calculating their Class 1 National Insurance liabilities. Why the rules Directors, particularly of personal and family companies, can control how and when they are paid and, in the absence of special rules, would be able to reduce their Class 1…
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