Day one sick pay ‘risks millions of lost working days’ for small business sector
New fears are stalking the small business sector, which is already reeling from huge increases to running costs following jumps in the Minimum Wage and employers’ National Insurance contributions (NIC).
The cost of employers’ National Insurance Contributions have jumped by £28bn, or 24%, in the past year to March 31 2026, says UHY Hacker Young, the national accountancy group.
The main rate of Employers’ NIC increased on April 6, last year from 13.8% to 15%, which has seen the bill for employers rise from £116bn to £143.... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
