The Chancellor announced the
creation of a NICs Employment Allowance in the 2013 Budget. This is
planned to start on 6 April 2014 and moved a step closer to becoming law
with the First Reading of the Bill on 14 October 2013.
Businesses, Charities and Community Amateur Sports Clubs will be able to reduce their Employer Class 1 NICs bill by up to £2,000 per year. 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.
Details of this and other measures in the Bill are available on the GOV.UK website.
https://www.gov.uk/government/organisations/hm-revenue-customs/series/national-insurance-contributions-bill
Businesses, Charities and Community Amateur Sports Clubs will be able to reduce their Employer Class 1 NICs bill by up to £2,000 per year. 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.
Details of this and other measures in the Bill are available on the GOV.UK website.
https://www.gov.uk/government/organisations/hm-revenue-customs/series/national-insurance-contributions-bill
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