London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Abolition of employers National Insurance Contributions for the under 21s

HMRC has stated that, from 6 April 2015 every employer with employees under the age of 21 will no longer be required to pay employer’s National Insurance Contributions on earnings up to the upper earning limit, for those employees.

In 2015-16 the upper earnings limit is expected to be £813 per week (annual equivalent £42,285).

 

 

Date: 8th January, 2014
Author: Cathy Corns

SHARE THIS

Articles from this Author

4th April, 2018
EMI options - a current risk

20th March, 2018
Beneficial loans

20th March, 2018
IR35 consultation

20th March, 2018
Tax codes

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Mercer & Hole Chartered Accountants support @alzheimerssoc as their charity of the year bit.ly/2EJbtw5 pic.twitter.com/3KLTdzwPnD

Jamie Wooldridge to speak at the Business Accelerator Summit MK bit.ly/2qih6wf @brightbizadvicetwitter.com/i/web/status/9…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn