Since 6 April 2014 all business employers, however small, are now eligible for a reduction of up to £2,000 in their employers’ NIC bill. The benefit will be passed on by reducing the amount of PAYE & NIC you have to pay to HMRC each month and the credit will be given from the start of the year until it is all used up.
If we prepare your payroll for you we will claim it automatically on your behalf so you do not need to do anything. If you prepare your own payroll, your software should enable you to claim it, but if you need any help do not hesitate to contact us.
You will be entitled to the relief even if you are a one person company and you are your only employee. We can advise you how to make the best of use of the allowance in this case.