Employment Allowance: Are you eligible for a NIC discount?
Date published: 09 April 2014
The new Employment Allowance - a discount of up to £2,000 on National Insurance Contributions for every business in the UK - came into force on 6 April, with 137,000 businesses expected to benefit in the North West.
The key benefits are:
- Employers won’t have to pay any employer National Insurance contributions at all if they usually pay less than £2,000 a year.
- Up to 1.25 million businesses and charities will benefit from the 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:
- Businesses.
- Charities.
- Community amateur sports clubs.
Do you have a story for us?
Let us know by emailing news@rochdaleonline.co.uk
All contact will be treated in confidence.
Most Viewed News Stories
- 1TV star Leon Harrop brings Christmas cheer to Rochdale’s Down’s syndrome community
- 2Police appeal to find missing Rochdale man
- 3All the big Greater Manchester transport announcements of 2024
- 4Police issue "Santa's naughty list" with 265 drink and drug arrests in Christmas crackdown
- 5Detective from Rochdale convicted of sexually assaulting colleagues
To contact the Rochdale Online news desk, email news@rochdaleonline.co.uk or visit our news submission page.
To get the latest news on your desktop or mobile, follow Rochdale Online on Twitter and Facebook.
