1.25% NICs – Extra cost to businesses (or is it?)

1.25% NICs – Extra cost to businesses (or is it?)

You’ll be aware of the announcement to increase National Insurance contributions from April next year.

You are possibly also aware that all our corporate clients use salary exchange, however, there are still thousands of companies out there that don’t.

Simply put, salary exchange could help employers offset the additional cost they will face from April 2022 and help reduce, or negate completely, the increase in tax their employees will face.

If you, or any business owners you know, are not using it, we would be more than happy to help.  See the attached article for more info.

NIC 1.25% Increase

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