Insurance Post

Apprentice employers to benefit from National Insurance cuts

George Osborne delivers budget in 2014

Employer National Insurance contributions for apprentices below the age of 25 are to be abolished, Chancellor of the Exchequer George Osborne announced in today's Autumn Statement.

The tax cut applies to earnings up to the upper earnings limit.

According to the Autumn Statement, employers of around half a million apprentices will be exempt from paying National Insurance

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