Class 1a: The Definitive Guide For 2024
Learn how hmrc has updated the cwg5 class 1a national insurance contributions on benefits in kind guidance to include the 2024/25 version. Employers pay class 1a and 1b national insurance on expenses and benefits they give to their employees. The rate returns to 13. 8%. If you provide work benefits (also known as benefits in kind) to your employees, then its important to meet the deadline to pay class 1a national insurance contributions on those benefits. The date is july 19 if you pay by post and july 22 if you pay electronically.
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