From April 2015, Class 2 National Insurance Contributions (NICS) will be collected along with Income Tax and Class 4 NICs through Self Assessment.
The move is intended to simplify the process and will be a major change for many people that are used to paying their Class 2 NICs by either direct debit (monthly or quarterly) or by direct billing by HM Revenue & Customs (six monthly).
The first Class 2 NICs collected under the new regime will be for the tax year ending 5 April 2016. Class 2 NICs are currently £143 per annum.
Existing direct debits and six monthly bills will cease automatically with the last payments being collected as follows:-
- Last monthly direct debit payment collected on 10 July 2015;
- Last quarterly direct debit payment collected on 10 July 2015;
- Last six monthly bill due up by 10 July 2015
If you have any queries regarding the above changes please not hesitate to contact Jonathan Potter at our office (firstname.lastname@example.org).
The Omagh-based firm, which employs 15 staff, previously sponsored the team between 2000 & 2008, a period in which the school achieved unprecedented success. During that time they won the MacRory Cup on three occasions and claimed the Hogan Cup (the premier prize for colleges in Ireland), for the first time in 2007.
Hugh McAleer, Managing Director of McAleer Jackson, speaking today, said: “We are delighted to be involved in supporting Omagh CBS once again and have demonstrated our commitment to the school with our sponsorship deal”.
Paul Brannigan, Principal of Omagh CBS, emphasised the proud tradition of sporting endeavour and achievement within the school. “However, with the success that we have enjoyed in recent years comes additional expense, and we very much appreciate the support of McAleer Jackson in this regard”.
All parties will no doubt be keen to see a repeat of the success enjoyed last time around.
The photograph shows, L-R; Paul Brannigan (Principal), Kieran Donnelly (MacRory Cup Manager), Cillian McCann (Captain, wearing the new jersey) & Hugh McAleer (McAleer Jackson).
We are pleased to announce our new corporate identity, which incorporates a shortened trading name (formerly McAleer Mullan Jackson).
Managing Director, Hugh McAleer said:-‘The new logo was designed to promote the modern, progressive and professional values of the practice. The design has been simplified, mirroring our approach of simplifying complex financial matters for our clients. Whilst our image is being updated, the key message is that there will be no change to our trademark high quality service’.
McAleer Jackson offers a comprehensive service to clients in a wide range of industries and sectors including farming, retail, engineering, renewable energy and professional services. The firm is at the forefront of local practices, with a total of nine qualified Chartered Accountants within its ranks, backed by a strong team of support staff, trainee accountants and tax advisers.
Our specialist Tax Department, under the guidance of Chartered Tax Adviser Arnold Jackson, offers a range of advice and services in all areas of tax, from Self Assessment and general compliance to Inheritance Tax, Capital Gains and Company Taxation.
The firm also has considerable expertise in Limited Company Formation, IT Consultancy, Corporate Finance and Business Sales/Purchases.
This specialist knowledge has been of great benefit to our clients, minimising their tax liabilities and assisting their businesses grow.
The photograph shows directors Hugh McAleer, Pauline McAleer and Arnold Jackson, along with the staff, outside our premises at Dublin Road, Omagh.