Employment Allowance – have you claimed yet?
18 Mar 2015 | Category: Money, Payroll, SME's
Have you claimed Employment Allowance yet?
Over 850,000 businesses and charities throughout the UK are benefiting from Employment Allowance which came into effect in April last year. Eligible businesses can reduce their Employer Class1 NI contributions (NICS) bill by up to £2,000 every year. Once you have claimed your Employment Allowance for the tax year ending 5th April 2015 it automatically applies for future years.
If you haven’t claimed yet – there is still time! All you need to do is check your eligibility here and then claim through your payroll!
Lisa Eastwood – Finance Manager