Thresholds
The thresholds from 6 April 2018 are:
Plan 1: £18,330
Plan 2: £25,000
Employee Expenses
by Aspiring Training on April 13, 2018 No commentsAs a simplification measure, from April 2019 employers paying subsistence allowance expenses will no longer be subject to a requirement that they check receipts if they are within benchmark subsistence scale rates.
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Employment Allowance
by Aspiring Training on February 25, 2016 No commentsThe Employment Allowance gives almost every employer a credit worth of up to £2,000 to set against their NIC bill. This credit will increase to £3,000 for 2016/2017, which may help to offset the costs of the higher “living wage” payable from 1 April 2016.
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Employment Allowance
by Aspiring Training on December 17, 2015 No commentsAlmost all private sector employers can claim the annual employment allowance worth up to £2,000, to set against employers NIC in the tax year 2015/2016. Not all employers are eligible for the allowance and eligibility can be checked on the HMRC website. This allowance is not available for:
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- HMRC warns on tax refund scams May 30, 2018
- Student Loans April 19, 2018
- Employee Expenses April 13, 2018
- New National Insurance Number letter April 12, 2018
- Auto Enrolment Pension Contribution Increase April 5, 2018
- Reactive tax codes February 28, 2017
- New levies and charges February 24, 2017
- VAT flat rate restricted February 22, 2017
