Fantastic News! Employers can reduce the amount of National Insurance Contributions

Fantastic News! Employers can reduce the amount of National Insurance Contributions.

 

As from the 6th April 2014, employers can reduce the amount of  National Insurance Contributions paid for Employees. You won’t have to pay any employer National Insurance contributions at all if you usually pay less than £2,000 a year – up to 1.25 million businesses will benefit from this!  Full information can be found on https://www.gov.uk/employment-allowance.

Richard Pipe, Director of Searchlight Investments comments: “Fantastic!  This is a welcome break.  National insurance contribution rates have crept upwards over the time that I have been an employer – this is the first reduction I can remember.   Small business owners must remember to apply for the allowance, though.”

 

 

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