Making allowances for new NI contributions
Q: I understand National Insurance contributions are increasing by 1%, which will add to my salary ...
Q: I understand National Insurance contributions are increasing by1%, which will add to my salary bill. What should I be doing to reduce my
overheads and what should I be expecting from my staff?
The increase in National Insurance contributions comes into force on 5
April. This will add to your overall salary bill but at least you will be
able to quantify by how much.
Regulation by the Financial Services Authority could bring less
predictable changes. The FSA will place a great deal of emphasis on
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