Lee McIntyre-Hamilton: Changes to national insurance and the impact on employment
Employee Benefits
FEBRUARY 21, 2024
The new year has already brought some welcome news for employees, with the cut in employee national insurance contributions (NICs) from 12% to 10%. Firstly, the reduction does not directly benefit employers since they will continue to pay secondary (employers) NICs at the current rate of 13.8% Is it all good news?
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