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Basis period explained

Basis period explained

This week I’m looking at how HMRC changes to the tax basis period will affect self-employed traders and partners in trading partnerships; but I suspect that many of you reading this Blog will not have the foggiest of what the term ‘basis period’ actually means. Basis...
The NIC changes, what you need to know

The NIC changes, what you need to know

Today I will set out the details of the changes to National Insurance Contributions announced by Rishi Sunak on 23rd March, which come into force this month: Employers’ class 1 NIC The secondary class 1 NIC rates and thresholds (paid by employers) were not altered in...