The 2024 Autumn Budget brought in a number of changes that will impact employment costs in the UK. From national minimum and living wage increases, statutory maternity, paternity, adoption, and shared parental pay increases, statutory sick pay increases, adjustments to National Insurance Contributions (NIC) to tweaks in the NIC Employment Allowance, employers are facing some big changes.
This article will focus on one of the key changes – the adjustments to employer NICs – and how NEC4 users will need to stay ahead of the game.
We’ll break down how this forthcoming change affects your contracts and offer tips on managing the impact.
Download the report PDF below.