Home > SME Business Tips > Simplifying NICs for the self-employed

Simplifying NICs for the self-employed

HM Revenue and Customs (HMRC) is considering plans to simplify the way self-employed people pay National Insurance Contributions (NICs).

HMRC National Insurance Contributions Rosemary Lunn Roz Lunn The Underwater Marketing Company Self EmployedHMRC is exploring whether it would be simpler to collect these contributions alongside Class 4 NICs and Income Tax through the Self Assessment process. The aim is to reduce the administrative burden on self-employed people. The proposals have been published for consultation, and the self-employed and those who represent them are encouraged to respond to the consultation by 9 October 2013.

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: