by Megan Wellman | Jun 25, 2022 | Accounting, Employment, Finance, Investments
How do I identify NIC increases on my payslip? For 2022/23 only, the rates of Class 1 (employer and employee) National Insurance contributions are increased by 1.25 percentage points, along with the rates of Class 1A, Class 1B and Class 4 contributions. The NIC...
by Megan Wellman | Apr 15, 2022 | Accounting, Employment, Finance
Can you claim the Employment Allowance? The Employment Allowance is a National Insurance allowance that eligible employers can claim and set against their secondary Class 1 National Insurance liability. The allowance is set at £4,000 for 2021/22 (capped at the...
by Charlie Clayton | May 12, 2021 | Accounting, Business
Ensuring you are aware of tax savings is our mission. Saving money where possible is key to the survival of any business. National Insurance is a tax any business must pay, but did you know there could be some tax relief for you? Take a look below to find out more....
by Dylon Thomas | Apr 6, 2020 | Accounting, Business, National Insurance
National Insurance employment allowance is available to employers that are eligible and is set against the employer’s secondary Class 1 National Insurance liability. For the 2020 Budget, the Chancellor announced that the allowance would be increased to £4,000 for...
by Freya Duff | Aug 2, 2019 | Business, Taxes
Do you work for a family company? Do you want to know what the most tax-efficient salary is? To find out more details please continue to read below. What do I need to know? If you own a family company, then you should be aware that you can extract profits in the form...
by Freya Duff | Mar 1, 2019 | Accounting, Downloads
Welcome to the March 2019 issue of our Insider Magazine. This is our monthly magazine that will keep you informed on everything that you should know about within the Business finance world. You can download our March issue of our Insider Magazine here – JDA...
by Freya Duff | Jan 7, 2019 | Accounting, Business, Employment, Finance
Do you understand the upcoming changes to employment allowance and how they may affect your business? Do you want to reduce your NIC payments? Read our article below to find out more information. What is the Employment Allowance? The employment allowance (EA) allows...
