Will your dental practice benefit from new employment allowance?

A new Employment Allowance, which could reduce practice-owners’ employer Class 1 National Insurance Contributions (NICs) by up to £2k each tax year, is due to be introduced from 6 April 2014. NASDAL member Alan Suggett says guidance on the new Employment Allowance has been published which states that a business that pays employer Class 1 NICs on employees’ or directors’ earnings can claim the allowance. But there are some restrictions, he warns, and a need for clarification.

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