Originally posted by Nixon Williams
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Budget 2013
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Originally posted by DimPrawn View Post1p off a pint, or buy 300, get one free!
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Originally posted by Nixon Williams View PostAnyone paying a salary above the NIC threshold will benefit in that the employer NIC payable will effectively be refunded upto £2,000.
This will only apply from April 2014.
Although any tax cut is a help, it will still be marginally more tax efficient to remain on a salary of £7,696 (2013/14) than pay more due to the employee NIC that will still be payable.
That said, if you do pay more than the £7,696 as a salary, then you will benefit but it is not enough to suggest a change in our advice.
AlanComment
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Originally posted by Nixon Williams View PostAnyone paying a salary above the NIC threshold will benefit in that the employer NIC payable will effectively be refunded upto £2,000.
There was some stuff about employee share schemes and changes to CGT as well.Will work inside IR35. Or for food.Comment
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Originally posted by LatteLiberal View PostAlthough I dislike Milliband, he destroyed the budget, the chancellor, PM Cabinet and Government with that response. Tories are dead.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by VectraMan View PostI assumed that wouldn't apply to directors/owners so would exclude the likes of us. Osbourne said something like "anyone with a small business looking to take on a new employee...".
There was some stuff about employee share schemes and changes to CGT as well.Comment
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Originally posted by GB9 View PostThought he said any business? If you get paid any form of salary as opposed to just divis then you are an employee I think?Will work inside IR35. Or for food.Comment
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Originally posted by VectraMan View PostI assumed that wouldn't apply to directors/owners so would exclude the likes of us. Osbourne said something like "anyone with a small business looking to take on a new employee...".
There was some stuff about employee share schemes and changes to CGT as well.Comment
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Originally posted by The Spartan View PostThat would probably make more of a difference if you were working through a brolly I suspectComment
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