Protecting the state pension for stay-at-home parents

Protecting the state pension for stay-at-home parents

Why child benefit is still worth claiming if you are affected by the high income child benefit charge. An issue concerning how the high income child benefit charge (HICBC) can potentially affect stay-at-home parents has emerged. The HICBC claws back child benefit payments where either parent has income over £50,000 a year, and removes the…

Delay to abolition of Class 2 NIC's may add to self-employed tax bill.

Delay to abolition of Class 2 NICs may add to self-employed tax bill.

Delay to abolition of Class 2 NICs may add to self-employed tax bill. Philip Hammond’s first Budget as Chancellor back in March 2017 hit a severe obstacle when he tried to raise national insurance contributions (NICs) for the self-employed. This Autumn’s Budget produced a significantly more subtle approach and had to , given that the…