When is the "Qualifies for Small Employers Relief" applicable?

When is the "Qualifies for Small Employers Relief" applicable?

The company qualifies for SER if the total of the employer and employee liability for national insurance (NI) contributions was £45,000 or less in the last complete tax year prior to the employee's qualifying week, or in the case of adoption, the matching week.

    • Related Articles

    • Tax Profile | National Insurance Details

      Overview National Insurance contributions are paid to qualify for certain benefits and the State Pension. National Insurance is a tax which is paid alongside Income Tax. Depending on whether an individual is employed or self-employed – and depending ...

    • How do I submit a NINO Verification Request?

      The NINO Verification Request is used when employers wish to verify or request the National Insurance number for one or more employees. The NINO Verification Request is stored on the RTI tab on the top menu, which opens an external webpage titled: ...

    • How does the week 1 / month 1 basis work?

      The week 1 / month 1 basis provides a proportion of any allowances and tax rates for each pay period. Unlike the cumulative method, it disregards previous pay and tax. Consequently, all payments are taxed as if it were the first week or month of the ...

    • Basic Company Information | The Basic Company Information Screen

      Overview The Basic Company Information screen stores the company’s biographical information and consist of the below tabs: Company Statutory Fields Company Address Company Themes General Contact Employer Payment Summary (EPS) Details The seven tabs ...

    • Employee | Tax Profile

      Overview The Employee Tax Profile Screen stores information relating to the employee’s tax calculation, National Insurance Details, Starter Details, and Previous Employment Details. Edition This feature is available on all PaySpace editions. ...