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Good News if you employ Apprentices under the age of 25...
11/01/2016
Good News if you employ Apprentices under the age of 25...
On 6th April 2016 an NI break will be introduced which specifically benefits those who employ apprentices under 25 years of age.
Quite simply, employers will not have to pay the 13.8% Class 1 National Insurance on earnings up to the upper earnings limit.
The Government have made it clear that this incentive is to encourage the employment of younger people and was announced in the Chancellor's 2014 Autumn Statement.
There is already a NI break for anyone who employs somebody under 21 years of age.
So April may be a good time to see if you want to hire an apprentice!
Fiona Haworth. You can contact Fiona on fiona@practical-hr.co.uk