Property News · March 9, 2017

Few will spot the difference in national insurance – at first | Patrick Collinson


There is a lot of jiggery pokery going on with NI from 2018-19, but it’s in year two that the figures start to look painfulIs the tax rise for the self-employed a harsh new burden on gig economy workers? A hit on the “strivers” setting up businesses crucial for the economy? Or is it high time the self-employed paid their proper share of taxes? It’s just possible all could be true.Make no mistake, this is a big change in UK tax policy (and a major manifesto U-turn). In cash terms it will appear pretty negligible in its first year, but within five years it will be raking in an extra £2bn a year for the Treasury. Continue reading…

Source : theguardian.com
Read more…Few will spot the difference in national insurance – at first | Patrick Collinson

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