Consultation on companies to be excluded from the NICs Employment Allowance

Wednesday, December 9th, 2015

hmrc-logo-sml Under proposals included in a consultation, which closes on 3 January, currently being carried out by HMRC, single-director companies will be excluded from claiming the National Insurance Contributions Employment Allowance from April 2016.

The Technical Consultation on Companies Excluded from the NICs Employment Allowance is seeking comments on proposed draft secondary legislation which will introduce this restriction.

The Chancellor announced at Summer Budget 2015 that, from April 2016, the Employment Allowance would no longer be available to companies where the director is the sole employee. This is in order to focus the Employment Allowance on companies that support employment.

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