Employment Allowance increases for National Insurance from April 2020



Announced in the budget, the maximum Employment Allowance will be increasing from £1,000 to £4,000 from April 2020. This means eligible businesses and charities will be able to claim a greater reduction on their Secondary Class 1 National Insurance contributions liability.


This measure supports businesses by providing relief of up to £4,000 on their employer secondary Class 1 National Insurance Contributions liabilities. This is expected to reduce around a further 65,000 businesses’ National Insurance Contributions bill to £0, and further allow small, growing enterprises to take on staff without incurring additional National Insurance Contributions liabilities.


This is in addition to the 590,000 businesses whose National Insurance Contributions bill is effectively reduced to nil under the current level of the Employment Allowance.


Sources: GOV.UK

Need help? Speak to one of our experts on 0800 690 6355 or arrange a free consultation.

Companies
Help & Support
Opening Hours
Monday  9am - 5:30pm
Tuesday  9am - 5:30pm
Wednesday  9am - 5:30pm
Thursday  9am - 5:30pm
Friday  9am - 5:30pm
Saturday  CLOSED
Sunday  CLOSED
Contact
The Business Store Ltd 2020.
All rights reserved.
Registered office as above. Company no. 08563808.
  • White Facebook Icon
  • White Twitter Icon
  • White LinkedIn Icon
The biz store long logo.png