Employment Allowance: Are you eligible for a NIC discount?

The new Employment Allowance - a discount of up to £2,000 on National Insurance Contributions for every business in the UK - came into force on 6 April, with 137,000 businesses expected to benefit in the North West.

The key benefits are:

• Employers won’t have to pay any employer National Insurance contributions at all if they usually pay less than £2,000 a year.
• Up to 1.25 million businesses and charities will benefit from the Employment
• Allowance and around 450,000 businesses and charities won’t have to pay any employer National Insurance contributions at all.

Nearly all employers that pay Class 1 National Insurance contributions on their employees’ and directors’ earnings will be eligible including:

• Businesses.
• Charities.
• Community amateur sports clubs.