UK firms will pay £25 billion per year more from April 2025 following the increased employer National Insurance contribution rate announced in the Autumn Budget. How can you protect your margin? Can some of the cost be offset without cutting wages?
Our webinar “Overcoming the National Insurance Challenge” unpacked some of the strategies you can adopt to not only protect or enhance your benefits programme, but also offset some of the increases in employer contributions.
During this webinar, we discussed what businesses are doing to prepare themselves for the 2025-2026 tax year, including taking the opportunity to review their benefits mix and availing of Salary Exchange schemes with diverse options.
Our expert panel's discussion included:
- How to optimise Employer and Employee NIC and tax
- How to maximise the value of your benefits spend
- How to increase employee engagement by providing employees with benefits that are flexible, attractive, and relevant to them
