Business and Tax News - Nic Employment Allowance

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November 5th 2024
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NIC EMPLOYMENT ALLOWANCE - NEWS

Employment Allowance Claimed By Nearly 1.2 Million Employers

PERSONAL TAX

Employment Allowance Claimed By Nearly 1.2 Million Employers

Employment Allowance of £3,000 can remove the Employers' NIC bill for three full-time employees paid minimum wage.
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Up to £2,000 cut in National Insurance payments for employers

BUSINESS TAX

Up to £2,000 cut in National Insurance payments for employers

New Employment Allowance to help reduce employee costs to be introduced April 2014.

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