HMRC is consulting until 5 February 2016 on The Social Security (Contributions) (Amendment No. X) Regulations SI 2016/Draft which set out the detail of changes from 6 April 2016 to employer’s NICs reporting requirements. With the abolition of the contracted-out rebate and the introduction of a flat rate state pension from April 2016 employers will no longer need to report earnings up to the upper accrual point. See www.bit.ly/1RIUcWM.
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HMRC is consulting until 5 February 2016 on The Social Security (Contributions) (Amendment No. X) Regulations SI 2016/Draft which set out the detail of changes from 6 April 2016 to employer’s NICs reporting requirements. With the abolition of the contracted-out rebate and the introduction of a flat rate state pension from April 2016 employers will no longer need to report earnings up to the upper accrual point. See www.bit.ly/1RIUcWM.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
