Employment Allowance increases from April 2016 to £3,000

Employment Allowance increases from April 2016 to £3,000

Originally introduced in 2014, the national insurance contributions ( NICs )employment allowance is for the purpose of supporting businesses and charities in helping them to grow by cutting the cost of employment.

According to HMRC statistics over a million employers have benefited since its introduction, however limited companies with a sole director as the only employee are no longer able to claim this allowance.

To find out if your business is eligible, or to ensure your systems are set up correctly to accommodate this change and find out about any other employment allowance changes please contact the team here at BPR Heaton who will be only too pleased to help