More HMRC guidance on the Employment Allowance
The Employment Allowance of up to £2,000 is available to most employers from 6 April 2014. Employers can reduce the amount of National Insurance contributions (NICs) they pay for their employees by up to £2,000. This is called the 'Employment Allowance'.
Employers generally won't have to pay any employer National Insurance contributions at all if they usually pay less than £2,000 a year.
HMRC has issued more guidance on the practicalities of claiming the allowance which can be found by visiting the link below.
For help with payroll matters please do contact us.
Internet link: Employment allowance key facts