Did you know you could claim up to £2,000 off your Class 1 NICs?

Did you know that on 6th April this year the government introduced the Employment Allowance, meaning that you could potentially reduce your employer Class 1 NICs by up to £2,000 each financial year?

You are eligible to claim the Employment Allowance if you are a business or charity paying employer Class 1 NICs on your employees’ or directors’ earning. You can only claim the £2,000 allowance again one PAYE scheme if your business runs multiple schemes.

The following payroll software has been updated to enable you to claim your Employment Allowance:

• IRIS Payroll Business
• IRIS Payroll Professional
• IRIS Bureau Payroll
• IRIS GP Payroll
• KashFlow Payroll
• Earnie Business
• Earnie Executive
• Earnie IQ

To find out more about how to claim your Employment Allowance and information about excluded employers, visit the HMRC Employment Allowance page.

Don’t miss out on saving £2,000 by not having the right software in place! Visit the IRIS Payroll Solutions page today to see which piece of IRIS payroll software is best for your business.

IRIS Payroll Solutions

Stephanie Coward

Managing Director, HCM

Stephanie Coward is Managing Director for HCM at IRIS, where she leads the strategy, innovation and growth of the organisation’s HR and payroll portfolio. She is responsible for positioning IRIS as a trusted partner to HR professionals and ensuring its solutions support the evolving needs of modern workforces.

With more than 25 years’ experience in the technology sector, Stephanie brings deep commercial and operational expertise, with a passion for improving the employee experience through technology.

Stephanie is committed to advancing IRIS’ HCM offering and helping organisations build more resilient, empowered workforces.