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Employment allowance NIC break targets small business

From April, changes to the employment allowance will become de minimis state aid and HMRC has made the reporting rquirements less painful to encourage smaller businesses to use the tax break to reduce their NICs' bill.

Employment allowance NIC break targets small business
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Employment allowance will become state aid

The government has revised the rules on the £3,000 employment allowance, with effect 6 April 2020, removing the requirement for employers to provide information about other de minimis state aid they have received or been allocated.

Read more at the Accountancy Daily

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