Tax Accountant in Surrey

Affordable fixed fee personal tax packages. Covering tax returns, self employed & rental accounts, bookkeeping and complex tax affairs. Making tax as easy as possible for clients since 2006.

  • E-mail
  • LinkedIn
  • Twitter
  • Home
  • Services
    • Fixed-fees
    • Bronze – Tax Return
    • Silver – Return & Accounts
    • Gold – Complex Returns
  • Resources
    • Books
    • Business Course
  • About
  • FAQ
  • Clients I’ve helped
  • Blog
  • Contact

Scrapping class 2 national insurance #Budget2016

The budget 2016 #budget2016

At present the self-employed pay two types of national insurance:

A fixed weekly rate(class 2) if your profits are above about £6,000 and

A rate on profits(class 4) if your profits are above about £8,000

It is planned that from April 2018 the class 2 contributions will be dropped, leaving just class 4 payable.

Although total class 2 contributions only amount to less than £150 per year, this will be a welcome reduction and simplification of the system.

The class 4 contributions are also planned to be revised so that they will then count towards benefit entitlement, such as the state pension.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)

Related

Comment Cancel reply

Tax & small business news

  • HMRC Home working claim changes for 2023
  • The 2022 Tax Return
  • National Insurance changes from July 2022
  • Making Tax Digital postponed until 2024
  • National Insurance increase from April 2022
  • Dividend Tax Increase from April 2022
  • Taxhelp celebrates 15 years in business
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie & Privacy Policy

Accountant in Surrey

Are you looking for a personal tax specialist?

I built up my tax experience in industry and practice over 17 years before founding my own practice in 2006.

Based in Cobham, Surrey I can also help clients throughout the UK.

  

My goal is to make personal tax and accounts for the self-employed as easy as possible for clients

 

Award-winning Accountant

Small Business Saturday is the UK's most successful small business campaign. Only one hundred of the UK’s top small businesses are selected each year for the SBS100. They act as trail-blazers in the official count-down towards the annual event.

I was one of the alumni from the 2014 Small Business Saturday 100, resulting in two visits to Downing Street.

In the Surrey Digital Awards from 2015 - 2018, I was also the winner of several top awards.

© 2022   ·   taxhelp.uk.com Ltd     ·     Privacy & Cookie Policy     ·     Terms & Conditions