National Insurance
Do you know which benefits attract Class 1A national insurance contributions? Are you making the correct deductions through the payroll?
As the government seeks to increase tax revenues without raising the rates of income tax or corporation tax, national insurance has become an important source of government revenue. For an employer, the range of employee benefits which now fall within the scope of national insurance has widened, bringing increased business costs and penalties for non-compliance and late payment.
Whether you are employed, self-employed or an employer, we can assist you in all areas of national insurance compliance and advise on the scope of national insurance for specific transactions.
Contact us for further information.
