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Abolition of NI contributions for under 21s

Detailed proposal Operative This measure will take effect from 6 April 2015. Current law Section 6(1) of the Social Security Contributions and Benefits Act and the Northern Ireland equivalent makes employers liable to Class 1 secondary NICs on all earnings paid to employees over the age of 16 provided the earnings exceed the secondary threshold which is currently £148 per week.

Proposed revisions 

Under proposals and subject to earnings up to the UEL, employers who employ or engage employees under the age of 21 at or after 6 April 2015 will not be required to pay employer NICs on the earnings they pay to those employees. The UEL in 2015-16 is expected to be £813 per week (annual equivalent £42,285). 
Welcome to DBS bookkeeping
Most of our clients have tried keeping their own accounts and admit to failing on many levels, either because they don’t know enough about bookkeeping or because they don’t have the time. Our customers include small businesses; sole traders/one-man-bands, Limited and VAT registered, with a turnover up to 50K. We also have clients within the construction industry with a turnover 2 million or more.

We will cover all your general day-to-day, month-to-month accounts recording all business transactions and produce accounting records. We also provide other services such as invoice production, credit control, supplier payments and project control. The service offered by DBS is flexible to suit your needs.

If you are a business within a 25 mile radius of Camberley wanting to concentrate on what you are skilled to do, then pass on your accounts to DBS and we promise we won’t try to build patios, plumb bathrooms or rewire your house.

For a reliable and trustworthy service committed to its clients call: DBS 'The Service That counts'.

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DBS Testimonials

Our business 'Vividline Limited' is within the construction industry, primarily 'new build'. Our bookkeeping requirements include Sub-Contractors/CIS, PAYE and Retention payments plus all the usual day to day accounting needs. DBS is reliable and efficient, highly recommended

Kevin, Vividline Ltd