From April 2020, employers who together with their connected companies have aggregate Class 1 secondary NIC liability of £100,000 or more in the preceding tax year cannot claim employment allowance (EA). EA also becomes de minimis State Aid.
Overview
This TAXguide explains the changes together with details concerning how employers will claim EA through their real time information (RTI) submissions from April 2020.
This TAXguide updates and replaces TAXguide 15/19.
Tax Faculty
This guidance is created by the Tax Faculty, recognised internationally as a leading authority and source of expertise on taxation. The Faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.
TAXguide 02/20
PDF (210kb)
Tax Faculty members and ICAEW members can download this guidance in full.
Download