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Centre E-Newsletter - March 2017
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Class 4 NICs rise to be delayed and other Budget highlights
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Theresa May is set to delay Chancellor Philip Hammond’s move to raise Class 4 national insurance contributions (NICs) until the autumn after some Conservative MPs strongly objected to the measure.
The Chancellor announced in the Budget that the main rate of Class 4 NICs for self-employed people will increase from 9% to 10% from April 2018, with a further increase to 11% in April 2019.
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Find out more >
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HMRC offers host of advice
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HMRC is ramping up the advice, guidance and tips offering on its website. Ideal for CPD or just to keep you upto date.
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IAB sponsors top accountancy award
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The annual PQ magazine awards night is one of the highlights of the accountancy calendar, and the IAB is a strong supporter of the event, this year sponsoring the Study Resource of the Year category.
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Changes to tax avoidance rules
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From July, anyone who assists a taxpayer or business to use a tax avoidance arrangement that is later defeated by HMRC can be fined up to 100% of the fees earned.
The initiative isn’t going to be a big earner, however. The estimate is that the penalties will raise just £10m in 2017-18.
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Social media ‘can cause loneliness’
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Young people who spend long periods of time on social media are more likely to feel cut off from the rest of society, says a new report.
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Buy essays online and you’ll be kicked out, students cheats told
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Students who buy essays online face expulsion after ministers demanded colleges impose tough penalties on those caught cheating.
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University degree not the key to happiness
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Young people who go to university are no happier than their contemporaries who leave school to start an apprenticeship or go straight into work, according to a new study.
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International - New EU initiative to help SMEs expand business abroad
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European SMEs can take advantage of new EU support to participate in a series of one-to-one meetings at international trade fairs to expand their businesses abroad.
Business Beyond Borders (BBB) will help EU businesses operate internationally by organising a series of Business-to-Business (B2B) and Cluster-to-Cluster (C2C) matchmaking events at selected international trade fairs to initiate SMEs’ entry into new markets, from Australia and South Africa to India, Chile, Iran, and beyond.
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Find Out More >
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© 2007-2017 International Association of Bookkeepers
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