Navigating new employment cost changes: Strategies and perspectives from Red Rhino Resourcing
Posted on 26th January 2025 at 13:15
From April 1st 2025, businesses across the UK will navigate through a significant change in employment costs. This adjustment is primarily due to the rise in the national minimum wage to £12.21 and an increase in Employer's National Insurance (NI) contributions to 15%, alongside a lower threshold of £5,000, down from £9,100.