1st Formations Blog How salary sacrifice can cut your Employers’ National Insurance bill

Thanks to the recent Autumn Budget, employers are about to find it much more expensive to pay for staff. That’s because Chancellor Rachel Reeves announced the Employers’ National Insurance rate that businesses must pay on employees’ salaries will rise by 1.2 percentage points. The Treasury calculates this will cost employers £25bn per year. Unsurprisingly, this […] The post How salary sacrifice can cut your Employers’ National Insurance bill appeared first on The 1st Blog.