Birdwatch Note Rating
2024-10-31 12:59:31 UTC - HELPFUL
Rated by Participant: A00E6A09BB3FEAD0400E149CFEBE77464B6666E020CF02E5F157752792D35611
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
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