Employer Beware! National Insurance Contributions On Expenses Can Be Significant

When Employers consider their exposure to national insurance contributions for Directors and employees, they tend to think only of the Employer's contributions due on the salaries paid. However, significant further NIC liabilities can arise in respect of benefits-in-kind. There are two types of potential NIC on benefits provided: Class 1 NIC - payable by both … Continue reading Employer Beware! National Insurance Contributions On Expenses Can Be Significant