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NIC Changes On Termination Payments Over £30,000.00 Delayed By A Further Year

The Government is to delay implementation of the NIC changes to termination payments exceeding £30,000.00 until the 6th April 2020 NIC Changes Employer class 1A national insurance contributions (NIC’s), as well as tax, will now be payable on that element of a termination payment which exceeds £30,000.00. The NIC Changes were originally announced several years […]