Category: national insurance

The Autumn 2024 Budget: A Summary of the Key Reforms for Financial Remedy Practitioners – Financial Remedies Journal

Posted November 4th, 2024 in budgets, capital gains tax, corporation tax, divorce, education, families, financial dispute resolution, financial provision, foreign jurisdictions, inheritance tax, minimum wage, national insurance, news, stamp duty, taxation by tracey

‘The Autumn Budget 2024 (“the Budget”) saw history being made as Rachel Reeves, who became our first female Chancellor of the Exchequer, set out arguably the biggest tax changes for a generation, set to raise taxes by £41bn by 2029/30 and said to be part of the Government’s plan to revitalise Britain. In this article, we will summarise the key reforms of the Budget, highlighting those which may be of particular relevance to financial remedy practitioners and their clients.’

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Financial Remedies Journal, 1st November 2024

Source: financialremediesjournal.com

New Acts – legislation.gov.uk

Posted March 25th, 2024 in budgets, legislation, national insurance by tracey

2024 c. 5 – National Insurance Contributions (Reduction in Rates) Act 2024

2024 c. 4 – Supply and Appropriation (Anticipation and Adjustments) Act 2024

Source: www.legislation.gov.uk

CA holds incentives to agree changes to scheme taxable – Pensions Barrister

Posted February 15th, 2024 in income tax, national insurance, news, pensions, remuneration by sally

‘Paul Newman KC considers the decision of the CA in HMRC v E.ON UK Plc (28 November 2023), in which the CA overturned a somewhat surprising decision of the UT that a one-off cash payment from an employer to scheme members, in return for them giving up future pension benefits, was not taxable.’

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Pensions Barrister, 15th February 2024

Source: www.pensionsbarrister.com

New Act – legislation.gov.uk

Posted December 19th, 2023 in legislation, national insurance by tracey

2023 c. 57 – National Insurance Contributions (Reduction in Rates) Act 2023

Source: www.legislation.gov.uk

Eamonn Holmes in challenge to tax tribunal ruling over ’employee’ status at ITV – The Independent

Posted January 19th, 2023 in appeals, income tax, media, national insurance, news, self-employment, tribunals by tracey

‘Television presenter Eamonn Holmes is challenging a tribunal ruling that concluded he should be treated as an ITV employee for tax reasons when he presented This Morning.’

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The Independent, 15th January 2023

Source: www.independent.co.uk

Research briefing: Health and Social Care Levy (Repeal) Bill 2022-23 – House of Commons Library

Posted October 7th, 2022 in bills, budgets, health, national insurance, news, parliament, social services by tracey

‘The Health and Social Care Levy (Repeal) Bill 2022-23 [Bill 155 of 2022-23] was introduced on 22 September 2022.’

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House of Commons Library , 6th October 2022

Source: commonslibrary.parliament.uk

Inflation and the Gender Pension Gap – Pump Court Chambers

Posted August 16th, 2022 in indexation, national insurance, news, pensions, women by sally

‘The June 2022 Office of National Statistics, Consumer Prices Index (CPI) figures show that inflation hit a new 40-year high of by 9.4% in the 12 months to June 2022. Indications suggest it could reach 12% in October 2022. If we could predict the future, we would all be billionaires. That said, inflation is here to stay for the short term at least.’

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Pump Court Chambers, 25th July 2022

Source: www.pumpcourtchambers.com

New Acts – legislation.gov.uk

Posted April 5th, 2022 in coronavirus, legislation, national insurance, parliament, rent by tracey

2022 c. 12 – Commercial Rent (Coronavirus) Act 2022

2022 c. 11 – Dissolution and Calling of Parliament Act 2022

2022 c. 16 – National Insurance Contributions (Increase of Thresholds) Act 2022

Source: www.legislation.gov.uk

New Acts – legislation.gov.uk

Posted March 18th, 2022 in judiciary, legislation, national insurance, pensions by tracey

2022 c. 9 – National Insurance Contributions Act 2022

2022 c. 7 – Public Service Pensions and Judicial Offices Act 2022

Source: www.legislation.gov.uk

New Acts – legislation.gov.uk

Posted October 26th, 2021 in compensation, fraud, health, legislation, national insurance by tracey

2021 c. 29 – Compensation (London Capital & Finance plc and Fraud Compensation Fund) Act 2021

2021 c. 28 – Health and Social Care Levy Act 2021

Source: www.legislation.gov.uk

New Acts – legislation.gov.uk

Posted July 26th, 2019 in animals, legislation, national insurance by tracey

Wild Animals in Circuses Act 2019

National Insurance Contributions (Termination Awards and Sporting Testimonials) Act 2019

Source: www.legislation.gov.uk

Lorraine Kelly wins £1.2m tax case against HMRC over ITV work – BBC News

Posted March 21st, 2019 in contract of employment, employment, HM Revenue & Customs, income tax, national insurance, news, self-employment, taxation by tracey

‘Lorraine Kelly has won a row over a £1.2m tax bill, after a judge ruled she was not employed by ITV, but performs as her “chatty” TV persona.’

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BBC News, 21st March 2019

Source: www.bbc.co.uk

800 BBC presenters could face tax investigations, says watchdog – BBC News

Posted November 15th, 2018 in BBC, contract of employment, contracting out, HM Revenue & Customs, national insurance, news, ombudsmen, statistics, tax avoidance, taxation by tracey

‘About 800 BBC TV and radio presenters could face tax investigations over their employment status after a failure by the broadcaster to clear up its payments system, Whitehall’s spending watchdog has said. The National Audit Office said HM Revenue and Customs had opened approximately 100 investigations into BBC-related personal service companies (PSCs) after concerns were raised that they may have broken tax rules.’

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BBC News, 15th November 2018

Source: www.theguardian.com

Landmark day for state pension equality – BBC News

Posted November 6th, 2018 in budgets, equality, national insurance, news, pensions, statistics, women by sally

‘From Tuesday women in the UK will begin to qualify for their state pensions at the same age as men – currently 65.’

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BBC News, 5th November 2018

Source: www.bbc.co.uk

Termination payments to Spurs players not subject to national insurance, Tribunal confirms – OUT-LAW.com

Posted December 6th, 2017 in employment, fixed-term contracts, HM Revenue & Customs, interpretation, national insurance, news, sport, taxation, tribunals by sally

‘Payments to two footballers for early termination of fixed term contracts were taxable as termination payments and not as general earnings, even though the contracts envisaged early termination by mutual consent, the UK’s Upper Tribunal has decided, upholding an early First-Tier tribunal decision.’

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OUT-LAW.com, 4th December 2017

Source: www.out-law.com

What happens when you’re deported to Britain? – BBC News

Posted May 25th, 2016 in benefits, burglary, charities, deportation, housing, immigration, local government, national insurance, news, prisons by sally

‘A widowed mother-of-five who has lived in Australia for most of her life is facing deportation to the UK. What awaits her when she gets off the plane, asks Claire Bates.’

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BBC News, 24th May 2016

Source: www.bbc.co.uk

Ten new laws that come into force in April 2016 – and how they affect you – The Independent

Posted April 4th, 2016 in benefits, budgets, council tax, dentists, deportation, dogs, EC law, hospitals, housing, immigration, interest, landlord & tenant, local government, medicines, minimum wage, national insurance, news, pensions, prisons, remuneration, rent, stamp duty, statistics, taxation by sally

‘April 2016 is a month of big changes for people living and working in the UK. A number of new laws and policies are coming into force, affecting just about everyone from public sector workers to dog owners. Here’s what the new laws could mean for you.’

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The Independent, 3rd April 2016

Source: www.independent.co.uk

NIHL: Disease or Injury and Does it Really Matter? – Zenith PI Blog

Posted March 25th, 2015 in civil procedure rules, health, insurance, national insurance, news, personal injuries, social security by sally

‘A recent case heard by Mr Justice Phillips in the High Court has considered the increasingly popular argument that Noise Induced Hearing Loss is an injury rather than a disease.’

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Zenith PI Blog, 24th March 2015

Source: www.zenithpi.wordpress.com

Accelerated tax payment provisions to be extended to NIC avoidance schemes – OUT-LAW.com

Posted July 23rd, 2014 in bills, national insurance, news, tax avoidance by michael

‘New provisions requiring accelerated payment of tax in certain tax avoidance schemes, which became law last week, will be extended to National Insurance Contributions (NICs) two months after the National Insurance Contributions Bill 2014 becomes law, the government has announced.’

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OUT-LAW.com, 22nd July 2014

Source: www.out-law.com

Ahmad v Secretary of State for the Home Department (AIRE Centre intervening) – WLR Daily

Posted July 18th, 2014 in EC law, freedom of movement, health, law reports, married persons, national insurance by tracey

Ahmad v Secretary of State for the Home Department (AIRE Centre intervening); [2014] EWCA Civ 988; [2014] WLR (D) 318

‘The conditions in article 7(1) of Parliament and Council Directive 2004/38/EC, as implemented by the Immigration (European Economic Area) Regulations 2006, were to be strictly interpreted on the basis that the right to a permanent residence card was a privilege which was not conferred unless there was strict and literal compliance with the conditions therein. They were not to be interpreted under European Union law in a dynamic way such that it was enough if they were substantially or functionally fulfilled.’

WLR Daily, 16th July 2014

Source: www.iclr.co.uk