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May 2019

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NATIONAL INSURANCE - 16.05.2019

New NICs third time lucky

The bill to allow for Class 1A employer-only NI to be levied on termination payments in excess of £30,000 from April 2020 has now been published. It’s not yet clear whether it will be calculated and reported via the FPS or paid over in-year alongside Class 1 NI.

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