A precis of each article
is given below. If you want to see the original article please just Ask Ken
-
Another Nice Little Earner (March 2010) - Tolleys Practical NIC Newsletter
Commentary
on the upcoming penalty regime for the late payment of PAYE Tax/NIC and liabilities under CIS
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- A Nice Little Earner (October 2009)
- Tolleys Practical NIC Newsletter
A discussion concerning the rules relating to the NIC, and tax,
implications for subpostmasters.
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-
No Limits (June 2009) - Tolleys Practical NIC Newsletter
There is a usual 6 year time limit for the enforcement of debts. This artilce explores when
this limit applies for Tax/NIC purposes.
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- I'm
the King of the Castle (March 2009) - Tolleys Practical NIC Newsletter
An article considering the Special Commissioners decision in Castle Construction (Chesterfield)
Ltd v Revenue and Customs Commissioners - the successful self-employment status of workers for Tax/NIC purposes.
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A Question of Status (October 2008) - Tolleys Practical NIC Newsletter
An article
considering the employment status or categorisation of workers for Tax/NIC purposes.
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- NIC
Losses (February 2008) - Tolleys Practical NIC Newsletter
An article considering the treatment of
losses and the differences between tax losses and NIC losses.
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- Teachers
- Categorisation by Regulation (October 2007) - Tolleys Practical NIC Newsletter
An article discussing a long
standing but, apparently, little-known piece of "deeming" legislation relating to National Insurance Contributions.
The legislation allows, in certain circumstances, for individuals to
be correctly categorised as self-employed for tax purposes but then deems them to be employees. This can have unforseen consequences
for both the individual and the person deemed to be the employer.
As
indicated, this is not new legislation as it was introduces in the '70s!
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- Not
Another Incorporation Article (May 2007) - Tolleys Practical NIC Newsletter
The earlier announcement by Gordon
Brown on the occasion of his last Budget regarding proposed increases to Corporation Tax rates caused a flurry of articles,
some of which suggested a wholesale reversal of incorporations, ie, companies reverting to sole-traders and/or partnerships.
This article reminded people that the NIC savings were still significant
and for most companies it should be "business as usual".
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- Hello John, Got a New Van? (November 2006) - Tolleys Practical NIC Newsletter
- Hello John, Got a Newer Motor? (October 2005) - Tolleys Practical NIC Newsletter (Follow-up article originally
published in 2002)
The three articles considered the NIC, and tax implications, for employers providing vehicles
to employees.
The first article
in 2002 followed the original announcements in the Budget in which many of the changes would not occur until several years
later. The second article reminded employers, and employees, of the subsequent changes for the treatment of company cars.
The third article shifts the focus to company vans which,
interestingly, had become more popular due to the changes for company provided cars!
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- NIC
to the Max (February 2006) - Tolleys Practical NIC Newsletter
As
the title suggests, the article discusses the calculations of maximum National Insurance Contributions payable by individuals
on an annual basis.
