NICs Holiday for New Businesses

For a limited period and subject to meeting certain conditions, new businesses may qualify for a deduction of up to £5,000 from employer National Insurance Contributions for each of their first 10 employees that they take on.

This provides new businesses with the opportunity to save up to £50,000 in employers NICs.

Our team of experts have put together further information into a helpful fact sheet.

To receive further updates and alerts from Montpelier please register below.