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.