SIMS – National Insurance Rates 2022/23

ByRachel.hill

Capita have now issued a PDF file with the latest National Insurance Rates for 2022/23. There is now a Capita patch available, number 26960, which will insert the National Insurance table 2022-23 on your behalf. If you have already created the table for 2022-23, the patch will overwrite the existing table. The patch adds an…

Abolition of Employer National Insurance for Under 21s

Byanita.belworthy

The Government announced their intention to abolish National Insurance contributions for under-21s for the 2015-16 tax year, providing a significant financial incentive for businesses of all sizes to employ young people.  Under-21 employees earning more than £42,285 per annum are considered above the Upper Earnings Limit and employer NIC will be liable as normal, however this will affect…