The Employment Allowance - a discount of up to £2,000 on every business in the UK’s employer National Insurance Contributions (NICs) bill - comes into force on 6 April.
The key benefits are:
1. Employers won’t have to pay any employer National Insurance contributions at all if they usually pay less than £2,000 a year.
2. Up to 1.25 million businesses and charities will benefit from Employment Allowance and around 450,000 businesses and charities won’t have to pay any employer National Insurance contributions at all.
Nearly all Employers that pay Class 1 National Insurance contributions on their employees’ and directors’ earnings will be eligible including:
3. community amateur sports clubs
For more information, please visit https://www.gov.uk/employment-allowance and to see how your business can benefit, please view the advert.