Birdwatch Note Rating
2024-10-30 23:29:24 UTC - HELPFUL
Rated by Participant: C70FA9643D357E7A535C60561CEF6D63FEA192A3D05FD972980812A1691CC290
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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