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TAKE ADVANTAGE OF THE £3,000 EMPLOYMENT ALLOWANCE | Barrette Accountants

TAKE ADVANTAGE OF THE £3,000 EMPLOYMENT ALLOWANCE

Posted by on Apr 17, 2014 in News | Comments Off on TAKE ADVANTAGE OF THE £3,000 EMPLOYMENT ALLOWANCE

The £3,000 “employment allowance” that provides relief from paying employers NIC on the first £3,000 of contributions. For many employers the benefit of the £3,000 relief will be obtained in month 1 by reducing employers NIC payable, for others it could take several months before credit for the £3,000 is obtained on a cumulative basis.

This new relief appears to be available to most employers, excluding one director companies.

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