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£2,000 Back for Employing Businesses in Guildford!

12th February 2014

Hear Yea O' Businesses of Guildford/Surrey and our Accountancy/Tax clients: From April 2014, every business, charity and CASC will be entitled to an annual “employment allowance” of £2,000 to reduce their liability for Class 1 secondary National Insurance Contributions (NICs). Businesses in Guildford will be glad to hear that! This means that employers will be entitled to a discount off their employer's NI bill of the lower of: (a)The NI Bill; (b) £2,000. This feature we are led to...