SAVE ON NATIONAL INSURANCE CONTRIBUTIONS


April 22 2014.


Effective 6th of April 2014, employers can claim employment allowance and reduce their employer class 1 national insurance contributions but they need to advise HM Customs & Revenue (HMRC) that they intend to claim.

The employment allowance is a reduction in employer's national insurance contributions of up to £2000 per year. It applies to all qualifying businesses who employ staff and is available to both existing and new businesses.

It is straightforward to register a claim. Businesses simply tick the relevant box when making their next Real Time Information (RTI) submission to HMRC.

CLICK HERE for more information.
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