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Did You Know About The Changes To Nic's From 6 April 2015?

  • Thread starter Scottish Business Owner
  • Start date
Scottish Business Owner

Scottish Business Owner

New Member
  • From the 6 April 2015, employers will not have to pay the employers Class 1 secondary National Insurance contributions (NICs) for employees under the age of 21. The rate will be 0% for these employees up to the equivalent of the new ‘Upper Secondary Threshold’ (UST).
  • New category letters will be introduced in April 2015 to help support this change.
  • It is therefore important that you make sure you hold the correct date of birth for employees.
  • More information will be sent our nearer the time.
  • Look at our e-learning Becoming an Employer for more information on employing staff.
 
M

Mike Turner

New Member
This is important for us, so thank you for posting. A lot of our lads are quite young so I will make sure we have the right DOB on file for all of them.
 
Scottish Business Owner

Scottish Business Owner

New Member
I think anything that encourages employers to take on younger people can only be a good thing.

I see a lot of younger people where I live a bit disillusioned about their job prospects so hopefully this will help kickstart a bit of a change in fortune.
 
C

cruzo

New Member
Yes as for me I always wanter to have own business, working for somebody else makes me feel like in cell
 
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