Anyone who is currently being paid a salary of £730 per month (or £168 p/week) in order to secure National Insurance Contributions should note that, from 6 April 2021 this should be increased to £735 (£170p/week).
Directors and others on Minimum Salary 2021/22
Date:
Category:Latest News
Related news
The run up to the end of the tax year on 5 April 2025 is a good time to check that your family and business finances are arranged in the best way possible. In this Year End Tax Planning Guide, we look at useful ways to take advantage of available tax reliefs and planning opportunities. […]
The Employment Allowance (EA) is an annual offset against your Employer’s National Insurance (NI) cost that you pay on top of your staff’s wages. From the 2025-26 tax year, the EA will be increasing to £10,500 per year (up from the current £5,000) which covers the Employer’s NI cost of 4 employees working 35 hour […]