Changes to employer NIC costs | Autumn Budget 2024 Significant changes to employment taxes were outlined in the recent Autumn 2025 Budget concerning the Employer National Insurance Contributions (NIC), the reduction of the ‘Secondary Threshold’ (ST) as well as Employment Allowance adjustments. Starting in April 2025, and compounded by the […]
Tag Archives: employment allowance
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Employment Allowance was introduced in April 2014, to support businesses and charities by cutting the cost of employment. Employment Allowance was however introduced the day after Statutory Sick Pay recovery was abolished. The £2,000 annual allowance was increased to £3,000 from April 2016. Employment Allowance is claimed by eligible employers […]