I am writing to you today about the new tax cut for businesses and charities that started on April 6.
The new Employment Allowance could take £2,000 off your employer National Insurance Contributions (NICs).
Britain has been through some very tough years. We endured one of the biggest bank bailouts in the world and the deepest recession in generations. For businesses and charities like yours, on the frontline of the economy, we know it has been especially difficult.
Businesses are saying they want to invest, grow, and take on new people. The Employment Allowance is about helping you to do that.
The Allowance will cut up to £2,000 from your employer NICs bill. This means £2,000 cashback on the cost of jobs that you can choose how to spend. I hope you will consider using it to take on more employees.
Simplicity has been the priority in designing the allowance. It will be easy to claim, and all you have to do is tick a box on your payroll software. You can check your eligibility and see more practical details online at: https://www.gov.uk/employment-allowance Around 1.25 million businesses employing someone will benefit from the Allowance, whether you are taking on your first employee or your fiftieth. A third of all employers will see their NICs bill abolished.
The Employment Allowance started on April 6. I urge you to sign up so that you can benefit from a cut in the cost of employing someone and help to grow the economy.
David Cameron, Prime Minster
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here