Employment Allowance guidance published
06 February 2014
Guidance has now been published on the Employment Allowance which becomes available from 6 April 2014. Eligible employers can reduce their Class 1 NICs bill by up to £2,000 each tax year.
Even though it is only a few weeks before the Employment Allowance comes into effect, it is still awaiting Parliamentary approval. The NICs Bill was introduced to Parliament in October 2013.
Previous related CIPP news
- The National Insurance Contributions (NICs) Employment Allowance - 16 October 2013