Employees Allowance

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CloudWalker replied

10 April 2014, 11:27
Yes, I run my own company.
I was just wondering what benefit is to me.
e.g can I pay my self more or put it into pension ect?
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Clare@InTouch replied

9 April 2014, 13:29
Originally posted by CloudWalker View Post

I got a letter about this new Employment Allowance in the mail last night???
"So what is it?"

If you run your own company and pay wages it means that, in most cases, you'll be able to reclaim the first £2,000 your company pays in Employer's NI.

Your accountant should have told you about this, and advised on the salary to take in 2014/15 to get some benefit from it.
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Craig at Nixon Williams replied

9 April 2014, 13:17
The Employment Allowance is something that will be claimed by your employer - in your case, the umbrella. If the umbrella that you use does claim the allowance then it will not affect the amount of NIC that you pay.

Craig
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CloudWalker replied

9 April 2014, 11:38
I got a letter about this new Employment Allowance in the mail last night???
"So what is it?"
Leave a comment:
NotAllThere replied

1 April 2014, 05:37
Your brolly gets the allowance. I suppose if they have 2000 clients, they could give you all an extra £1.
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Platypus replied

31 March 2014, 20:13
NLUK, back in yer box !
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northernladuk replied

31 March 2014, 19:23
You could check the accounting sections seems it has been covered at least 4 times in the last couple of weeks....
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Platypus replied

31 March 2014, 19:18
No. It applies to employers' NI. You are an employee not an employer.

https://www.gov.uk/employment-allowance

But it does apply to me
Leave a comment:
stebain3258 started a topic Employees Allowance

31 March 2014, 19:12
Employees Allowance

Can someone tell me if the new Employees allowance starting on the 6th April applies to me? I work through an umbrella company and pay Employees Insurance on a weekly basis. As I am classed as being an employee for the umbrella company would be eligible for the £2000 per year reduction?
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