Tag Archives: NIC

What’s the Employment Allowance?

employment allowance

We’re getting lots of questions about the Employment  Allowance, as HMRC are writing to employers to confirm their eligibility. But these letters are really confusing people as they talk about de minimus state aid, so it’s time to translate!   So what is the Employment Allowance? Small UK businesses are entitled to this amount which […]

The clock is ticking, so make sure you’re ready for the April 2022 increases

clock is ticking

April 2022 is fast approaching, and with that comes changes to VAT, NIC, and dividend taxes. We’ve also got electricity and wage increases to consider. The clock is ticking, so what do you need to do, to get ready for the April 2022 increases? The latest Budget announced quite a few unwelcome changes to tax […]