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From April 6th 2025 Employer's National Insurance Contributions (NICs) are expected to rise to 15%
In addition to the increased rate, the threshold from when employers begin to pay has decrease to £5,000.
Is there anything that can be done?
Salary exchange is an arrangement where employees exchange part of their salary in return for an employer pension contribution.
Because the salary is being exchanged rather than paid directly, neither the employee or the employer will pay National Insurance Contributions on the amount exchanged.
Salary exchange is an arrangement where employees exchange part of their salary in return for an employer pension contribution.
Because the salary is being exchanged rather than paid directly, neither the employee or the employer will pay National Insurance Contributions on the amount exchanged.