Kirkpatrick & Hopes - Succession Planning Accountants

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£2,000 NIC rebates

A recent article in Real Business, advises that many businesses could be missing out on a total of £275m in the form of a National Insurance Contributions rebate.

The figures from a recent survey suggest that one in ten small business owners have not applied for the Employment Allowance, an NIC rebate worth up to £2,000, which came into effect in April.

Although 89 per cent of business owners said they had claimed the money, nine per cent said they had not checked if they were eligible and two per cent said they had not made any effort to claim.

Applying for the rebate can be as simple as ticking a box in your accounting software. For more information on eligibility and how to apply, visit Gov.uk

 

For the full article see Real Business

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