30 July 2014
Many employers have already claimed the Employment Allowance, but HM Revenue & Customs (HMRC) are keen to prompt businesses and charities who have not yet claimed.
The Chancellor recently announced that 725,000 employers (by the end of June) had already benefitted from the Employment Allowance, which offers businesses and charities up to £2,000 off their employer Class 1 NICs bill every year.
Over half of all eligible businesses have already claimed the Employment Allowance, three months after its introduction in April2014, resulting in around £500million of employer NICs relief.
HM Revenue & Customs (HMRC) would like help to prompt businesses and charities who have not yet claimed the Employment Allowance to do so.
Many employers have already claimed and are benefitting from their Employment Allowance by paying less NICs. If you haven’t claimed yet but are eligible, you can still do this.
In September, any business or charity that hasn’t yet claimed the Employment Allowance will receive an electronic Generic Notification Service (GNS) message from HMRC to encourage them to check eligibility and claim the Employment Allowance if they qualify.