From April 2014 every business, charity and community amateur sports club, will be entitled to an annual 'employment allowance' of £2,000 to reduce their liability for Class 1 secondary National insurance contributions.
Up to 1.25 million employers will benefit , with over 90% of benefit going to smaller employers with fewer than 250 employees. As a result many employers will no longer pay Class 1 secondary NIC's and employers with fewer than 10 employees will see their employer NIC's reduced by 80%.
This can be nothing but good news! Where we provide the payroll services, we shall claim this automatically.
Up to 1.25 million employers will benefit , with over 90% of benefit going to smaller employers with fewer than 250 employees. As a result many employers will no longer pay Class 1 secondary NIC's and employers with fewer than 10 employees will see their employer NIC's reduced by 80%.
This can be nothing but good news! Where we provide the payroll services, we shall claim this automatically.
RSS Feed
