Employers’ national insurance contributions abolished

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Geason

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Employers’ national insurance contributions will be abolished altogether for employees under the age of 21 in 2015, the Chancellor of the Exchequer has announced in his Autumn Statement today.

The Government will reform apprenticeship funding to allow employers to receive assistance with the training costs of apprentices directly through an HMRC-led system, and will invest in higher apprenticeships by providing £40 million towards an additional 20,000 higher-apprenticeship schemes to commence over the next two academic years.

The priority now for industry and government is to make apprenticeships simpler.

http://www.citb.co.uk/news-events/uk/chancellor-pledges-to-cut-apprentice-nics/
 
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