National Insurance: £2000 Employment Allowance

From April 2014, every business will be entitled to an annual “employment allowance” of £2,000 to reduce their liability for Class 1 secondary National Insurance Contributions (NICs).

The Employment Allowance will be straightforward to claim using standard payroll software.

More details on how to claim the Employment Allowance will be available in the New Year - there is no need to call HM Revenue & Customs or do anything to claim the Employment Allowance now.

http://www.hmrc.gov.uk/news/nic-emp-allowance.htm

https://www.gov.uk/government/collections/national-insurance-contributions-bill

National Insurance | Company Tax & Accounts | Bambridge Accountants

http://www.bambridgeaccountants.co.uk/covent-garden-accountant