Introduction of Employment Allowance to Save Firms up to £2000

Introduction of Employment Allowance

As the new tax year starts, there is welcome good news for British employers.

As of April 6, 2014, most businesses will be able to enjoy a reduction in their employer National Insurance bill by up to £2000, in the form of an Employment Allowance.

The move is being implemented to reduce the cost of employing staff and it is hoped that it will encourage employment at the same time as giving businesses that struggle with cash flow, some breathing space.

At Steedman and Company, we will be ensuring that all of our clients will be enjoying the benefits of the allowance.

Our payroll clients wont need to do anything, as we’ll be implementing the legislation entirely on their behalf.

Ricky Steedman

Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that enabled him to help so many clients over the years.

His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.

Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.

Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.