The Office of Tax Simplification (OTS) has suggested a "pragmatic" cut to National Insurance Contribution (NICs) rates.
The cut would reflect the increased amount of Class 1 contributions following its recommendations to simplify the administration and taxation of employee benefits and expenses. The move was one ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
