by Paul Whyatt | Nov 3, 2022 | Business Advice, Business Tax, Taxation
As an employer you’ll soon need to implement the new NI rates. What actions should you take to ensure that your payroll software can cope? The 6 November is the date on which the new reduced NI rates apply. However, the new rates only apply when you run your payroll...
by Paul Whyatt | Nov 3, 2022 | Business Tax, Taxation
One of the few changes announced in the now notorious mini-budget was the reversal of the 1.25% increases in national insurance contribution rates, which were introduced from 6 April 2022. The rates of Class 1 NIC are taken back to the levels that were in place on 5...
