The House of Lords has passed several amendments to theNational Insurance Contributions (Secondary Class 1 Contributions) Bill which seek to reverse the proposed increase in the secondary Class 1 rate and the reduction in the secondary threshold. The changes would provide relief for employers in the health and social care sectors smaller charities employers with fewer than 25 staff and those providing transport for children with special educational needs and disabilities. The Lords also passed an amendment to increase the employment allowance for employers in the early years sector.
The amendments conflict with Government policy and are expected to be reversed by the House of Commons. The CIOT has produced a helpful briefing rounding up proceedings in the Lords.
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:
The House of Lords has passed several amendments to theNational Insurance Contributions (Secondary Class 1 Contributions) Bill which seek to reverse the proposed increase in the secondary Class 1 rate and the reduction in the secondary threshold. The changes would provide relief for employers in the health and social care sectors smaller charities employers with fewer than 25 staff and those providing transport for children with special educational needs and disabilities. The Lords also passed an amendment to increase the employment allowance for employers in the early years sector.
The amendments conflict with Government policy and are expected to be reversed by the House of Commons. The CIOT has produced a helpful briefing rounding up proceedings in the Lords.
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:
