Employment Allowance: Increasing to £3,000
If you are an eligible employer, you can reduce the amount of employer National Insurance contributions (NICs) you pay by up to £2,000 a year through the Employment Allowance.
From April 2016, subject to Parliamentary approval, the maximum value of the allowance will rise to £3,000 a year. This means that your employer National Insurance contributions could be reduced by a further £1,000 a year.
If you already claim the allowance and continue to be eligible to claim, your claim will be ongoing and you just need to continue making the appropriate deductions from the amount of Class 1 secondary National Insurance contributions you would have paid to HMRC.
If you are unsure if you have been claiming correctly, contact us today and we can help you make sure you claim this free pay from HMRC.
Tel :- 01229 490341
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