IRRV Alert - week ending 25th March 2022 Part 1
News
Employment Allowance increases to £5,000 from April 2022 (23 March 2022)
Policy paper
Employment Allowance increases to £5,000 from April 2022
This tax information and impact note is about the increase in the maximum Employment Allowance from April 2022.
- From:
- HM Revenue & Customs
- Published
- 23 March 2022
Documents
Employment Allowance increases for National Insurance from April 2022
HTML
Details
This measure increases the maximum Employment Allowance from £4,000 to £5,000 from April 2022. This means eligible businesses and charities will be able to claim a greater reduction on their secondary Class 1 National Insurance liabilities and, from the 2023 to 2024 tax year onwards, their Health and Social Care Levy liabilities.
Published 23 March 2022