Employment Tax Changes – Budget 2015

Following yesterday’s budget the Chancellor of the Exchequer has announced that National Insurance Contributions will be reduced to zero for under 21 year olds earning less than £42,380 per annum from April 2015. Apprentices will also benefit from the same arrangements if aged under 25 effective from April 2016.

If you would like more information on how these minimum wage increases affect you, speak to our Employment Solicitor, Steven Eckett on 020 7998 7777 or email him at steven.eckett@bloomsbury-law.com.

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