27
February
2020
From April, changes to the Employment Allowance will encourage smaller businesses to use a new tax break to reduce their NICs' bill. The government has revised the rules on the £3,000 employment allowance, with effect from 6 April 2020. You will now only be able to claim if your Class 1 National Insurance bill was below £100,000 in the previous tax year. In future, employers will have to claim the employment allowance every year in order receive the relief as it will no longer be automatically carried forward from one tax year to the next....
Please LOGIN to read the full article.
Not a member? Please click here to join today.
