National Insurance – £2000 deduction

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From 5 April 2014 every employer (business or charity or club but not domestic) will not have to pay the first £2k of employers NI (13.8%).  Effectively the relief is worth the lower of £2k and employers NIC for the year.  There will be only one £2,000 for each collection of associated.  We will be automatically applying the relief as appropriate for all employers that we prepare payroll for.

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