CBHC Financial Advice

19/11/2017
Consider switching from employee pension contributions to employer
contributions made on behalf of employees to reduce NIC costs. This is a
very tax effective way of rewarding employees as full tax relief is
given on the contribution made by the company and the employee/director
is not taxed on this as a benefit in kind. The NI savings are
considerable when bearing in mind that between employer and employee
these can be as much as 28%!

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