Category: Employment

Is Your Business Entitled to the Employment Allowance?

Summary. Employer allowances for 2022 have increased by £1,000, offering relief from a 1.25% National Insurance hike. Thomas Nock Martin, financial advisors in Birmingham, detail the eligibility criteria for this scheme, including constraints for multiple businesses, National Insurance boundaries, and director setups.   Employer National Insurance Contributions (NICs) determine the Employment Allowance (EA) at £5,000. […]