Regional employer NICs holiday for new businesses
The Regional Employer National Insurance contributions (NICs) Holiday is available to new businesses for a limited period and subject to meeting certain conditions. New businesses may be able to qualify for a reduction of up to £5,000 of the employer NICs that would normally be due – for each of the first ten employees they take on. This means a potential aid to business of up to £50,000.
For more information, go to the BusinessLink website – http://www.businesslink.gov.uk