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Archive for December, 2010

News about National Insurance

From 6 April 2011 the rates for NI contributions will be increasing by 1% and the new rates become… Employer’s class 1 above secondary threshold: 13.8% Employee’s class 1 above primary threshold and below upper earnings limit: 12% Employee’s class 1 above upper earnings limit: 2% Self-employed class 4: 9% Self-employed class 4 additional rate:[...] Read more »

Received a tax calculation from HMRC?

Whether it be an underpayment or an overpayment how sure can you be that what you have received is correct? HMRC are issuing tax calculations for the tax years 2008-09 & 2009-10, with several million taxpayers affected by this. If you are NOT a self assessment taxpayer for either of these years and have been[...] Read more »