The Regulations increase the lower and upper earnings limits for primary Class 1 national insurance contributions and the primary and secondary thresholds for primary and secondary Class 1 national insurance contributions.
The Regulations introduce new disclosure obligations for promoters and users of national insurance contribution avoidance schemes, including an obligation on users to provide prescribed information to promoters.
The Regulations apply the extended time limits for paying voluntary national insurance contributions (as set out in the Social Security (Contributions) (Amendment and Application of Schedule 38 to the Finance Act 2012) Regulations 2013 (SI 2013/622)) to those who reach state pension age on or after 6 April 2016, pursuant to the introduction of the single-tier state pension in 2016.
The Chancellor, George Osborne, announced in Budget 2013 that all businesses, including charities, are entitled to receive an employment allowance of £2,000 per annum towards their employer national insurance contributions bill.
Employers are required to report PAYE deductions to HM Revenue and Customs (HMRC) prior to, or at the time of, paying employees rather than at the end of the year, under the new real time information scheme.
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