Autumn Statement – Employer’s NIC and young employees
December 12th, 2013 | Published in Uncategorized
From 6 April 2015 employers will not pay class 1 employer’s NICs on the wages of employees aged under 21, where the employee earns less than the upper earnings limit (£813 per week in 2015/16). The employee will pay NICs on their wages as normal, and both employers’ and employee’s NI will be due on any wages above the upper earnings limit.