The Social Security (Contributions) (Amendment No 4) Regulations 2016, SI 2016/1067, come into force on 28 November 2016 and contain four main strands:
The Social Security (Contributions) (Amendment No 4) Regulations 2016, SI 2016/1067, come into force on 28 November 2016 and contain four main strands:
introducing a NICs disregard for low-value non-cash vouchers corresponding to the income tax exemption for trivial benefits in kind;
transferring NICs liability to organisations or individuals that provide false documentation on the NICs disregard for home-to-work travel expenses of workers placed under the control of an employer, or to directors of intermediaries which fail to restrict the disregard in accordance with the new rules;
minor amendments to legislation on the Class 1A NICs disregard for duties performed abroad; and
minor amendments to legislation on secondary Class 1 NICs for workers on the UK continental shelf.
Draft regulations on the NICs disregard for trivial BIKs were published for consultation in December 2015.
The Social Security (Contributions) (Amendment No 4) Regulations 2016, SI 2016/1067, come into force on 28 November 2016 and contain four main strands:
The Social Security (Contributions) (Amendment No 4) Regulations 2016, SI 2016/1067, come into force on 28 November 2016 and contain four main strands:
introducing a NICs disregard for low-value non-cash vouchers corresponding to the income tax exemption for trivial benefits in kind;
transferring NICs liability to organisations or individuals that provide false documentation on the NICs disregard for home-to-work travel expenses of workers placed under the control of an employer, or to directors of intermediaries which fail to restrict the disregard in accordance with the new rules;
minor amendments to legislation on the Class 1A NICs disregard for duties performed abroad; and
minor amendments to legislation on secondary Class 1 NICs for workers on the UK continental shelf.
Draft regulations on the NICs disregard for trivial BIKs were published for consultation in December 2015.
