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NIC Holiday For Start-Up Companies

The Regional Employer National Insurance Contributions (“NIC”) Holiday offer reduction in Employer NICs for new businesses in services, manufacturing and other key industries who meet certain criteria and in certain geographical locations. North East businesses that fit the following criteria are eligible for this scheme.  sole traders, companies or partnerships that begin trading, carrying on a  profession or vocation. An investment or property business. a new trading charity whether or not it is carrying out Read more…

By Michael Thompson, ago

Cash in Hand

Cash In Hand Work This week there have been numerous reports in the press regarding cash in hand payments, after David Gauke, the Exchequer Secretary to the Treasury stating that he believed that paying trades people cash in hand was “morally wrong”. Following this statement there has been much confusion and discussion of the morality and legality of paying cash in hand. The Facts Paying in cash is a valid and legal method of payment Read more…

By Michael Thompson, ago