HMRC warning on double NICs' liability if no-deal Brexit
In the event the UK leaves the EU without an agreement, HMRC has warned that the current agreements to avoid double payment of the equivalent of national insurance contributions (NICs) in member states will be voided, affecting seconded employees.
This means that all UK employers who have staff seconded to work in EU member states, European Economic Area (EEA) or Switzerland need to review their current arrangements to ensure there is no gap in social security payments made by their employees.
Read more at the Accountancy Daily.
