National Insurance Planning
A recent report by the Institute for Fiscal Studies (IFS) argued that the tax system, and especially the different NICs rates, tend to favour self-employment while discouraging employment. Historically, self-employed people have paid lower NICs because they were eligible for fewer state benefits, but the IFS said this is no longer the case and there […]
Are You Prepared for the Changes to IR35?
From 6 April 2021, organisations that engage contractors through personal service companies or other intermediaries, such as partnerships or limited liability partnerships, will need to assess whether the rules apply to contracts they enter into. The rules will affect medium and large-sized organisations, third parties or intermediaries, and contractors operating in the private sector. Small […]