Birdwatch Note Rating
2024-10-31 15:00:25 UTC - HELPFUL
Rated by Participant: 742288B04D83E56D79A7D3EBC6F48C67EF78EB81BA835CBEDFB26566874A22AE
Participant Details
Original Note:
The employment allowance will increase from £5,000 to £10,500 saving £5,500. But the reduction in Employers NI threshold from £9,100 to £5,000 will cost £615 per employee, ie £7,380 for 12 employees, plus the cost of higher NI rates above £9,100. He will be much worse off. https://www.gov.uk/government/publications/autumn-budget-2024/autumn-budget-2024-html
All Note Details