Employers to receive further boost from April 2016

In this year’s Summer Budget, Chancellor Osborne announced that the Employment Allowance would be increasing to £3,000 from April 2016, allowing employers to reduce their Class 1 National Insurance Contributions by up to £1,000 more than previously. Most employers who pay Class 1 NIC are eligible for the allowance and the savings are extended to charities, amateur sports clubs and … Read More

Budget 2013 – Analysis of key issues

Budget 2013 – A more in-depth analysis of the key points Following our summary on Budget Day of some of the Budget highlights, we’ve taken a closer look at some of the issues most relevant to our clients and contacts. It’s also been interesting to let the dust settle in the last few days and gauge the reactions of a … Read More

Budget 2013 – Employment Allowance’ (EA) and Employment-Related Loans

Employment Allowance (EA) The Chancellor asked businesses what would help them recruit more staff and his solution to their requests for NIC breaks was an ‘Employment Allowance’. Available to all businesses and charities from April 2014, the EA will reduce an employer’s NIC bill by up to a maximum of £2,000. Over 90% of the benefit is expected to go … Read More