Furlough scheme – from 1st July staff can be furloughed part time on a daily basis instead of the current 3 week minimum furlough period. Also from 1st August you will not be able to claim for furloughed staff employers NI and pension contributions. From 1st September in addition to this, the furlough wage reclaim lowers to 70% and then from 1st October 60%, until totally ceasing 31st October.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 16th August 2024
There will be 4 types of National Insurance for 24/25. Remember that you should not be paying NI when you reach pensionable age, with class 4 stopping in the year you reach this age.