UK Act of Parliament 2014 United Kingdom

National Insurance Contributions Act 2014

What this means for your business

1 obligations
1 guides
Applies to
United Kingdom
On this page
1 compliance obligation, 1 practical guide
Read full text on legislation.gov.uk

What you must do

1 compliance obligation under this legislation.

Payments and fees 1

Deduct employment allowance from NIC payments and claim repayment if needed

If your business qualifies for an employment allowance you must take the allowance off the NIC (National Insurance) payments that HMRC tells you to deduct from, and you must do this before you make any other deductions from those payments. If you have not taken the full allowance off by the end of April for that tax year, you must apply to HMRC for a repayment before the end of the fourth tax year after that year.

Employer s.4 Your business qualifies for an employment allowance for the tax year

Practical guidance

Our guides explain how to comply with the requirements above.

Pay PAYE to HMRC

How and when to pay your PAYE tax and National Insurance to HMRC.

Sections and provisions

24 classified provisions from this legislation.

1 Duties 1 Powers 4 Definitions 3 Exemptions

Duties 1

  • s.4 How does a person who qualifies for an employment allowance receive it?

Powers 1

  • s.5 Power to amend the employment allowance provisions

Definitions 4

  • Schedule 1 Employment allowance: rules for determining if persons are “connected”
  • s.1 Employment allowance for national insurance contributions
  • s.3 Connected persons
  • s.20 Abbreviations of Acts

Exemptions 3

  • s.2 Exceptions
  • s.10A Application of GAAR in relation to penalties
  • s.11 Power to modify application of GAAR to national insurance contributions