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
NI (National Insurance) is a form of tax paid which qualifies an individual for some kinds of benefits including the state pension.
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From the 6 April 2014 you can get the Employment Allowance which could reduce your employer’s Class 1 National Insurance Contributions (NICs) by up to £2,000 every year.
Who is eligible?
Almost every employer who is a business or charity
Most people over the age of 16 pay it in one form or another but it is still an element of the UK tax system which can cause huge confusion among employees, employers and the self -employed.
National Insurance is
Please be aware of the following changes to PAYE and NIC which take effect from 6th April 2013. If you have any questions on any aspect of this or the Real Time Information (RTI) changes, please call our Payroll team
National Health Service and National Insurance issues discussed:
It needn’t take the recent emergence of the swine flu pandemic to make us all realise the importance of a robust and dependable National Health Service. Even those who pay the exorbitant …