From April 2014 every employer will be entitled to an annual employment allowance of £2,000 to reduce their liability for class 1 Employers National Insurance Contributions.
This is expected to benefit 1.25m businesses,mainly small businesses with less than 50 employees.
This allowance is not given automatically and needs to be claimed via the RTI system. The allowance will then be offset against each monthly Class 1 Employer NICs payments until the allowance is fully claimed or the tax year ends.
The employment allowance will apply per employer, regardless of how many PAYE schemes that employer chooses to operate, so each employer can only claim for one allowance.
If I do your payroll, please rest assured that I will deal with the claim and advise you of your reduced PAYE/NIC liability each month.
If I do not do your payroll but you would like to discuss your future payroll requirements, I would be pleased to provide a very competitive quote.