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Article 50 - What accountants & business leaders say

Article 50: what accountants and business leaders say When prime minister Theresa May made her statement in the House of Commons today on triggering Article 50, she made clear that her list of priorities for Brexit included “a bold and ambitious free trade agreement” with the EU, rights for EU citizens already living in the UK, protection of workers’ rights, trade agreements with non-EU countries and continuing collaboration with European partners in science, education, research and technology Today Theresa May triggered Article 50 of the Lisbon treaty, starting the UK’s exit from the European Union. What she said will have come as some comfort to businesses about the direction she wants to

Chancellor scraps plans of National Insurance increase for self employed

Today the Chancellor, Philip Hammond, announced that he would not proceed with plans to increase the rate of Class 4 National Insurance Contributions (NICs) paid by the self-employed that he announced in the Spring Budget last week. The proposed change would have increased Class 4 NICs from 9% to 10% in April 2018, and to 11% in 2019, with the aim of bringing the contribution paid by the self employed closer to the 12% currently paid by employees. The proposed increase prompted an angry reaction - including some Conservative MPs as it appeard to contradict the 2015 Conservative election manifesto promise of not not increase certain taxes, such as National Insurance. Mr Hammond said “In the

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