top of page

774,000 Hospitality Workers Dragged Into New NICs Threshold



New analysis from UKHospitality reveals that a fifth of hospitality’s workforce will be dragged into the new employer NICs threshold for the first time.


The regressive changes to employer National Insurance Contributions (NICS) will hit hospitality hardest, due to the high number of employees working part-time or flexibly.


Currently, more than 1.2 million hospitality staff are not eligible for employer NICs. In April, that number will be slashed to just over 450,000 people. That’s more than 774,000 workers that will be newly eligible for employer NICs. In total, this will cost the hospitality sector £1 billion.


Combined with £2.4 billion of other costs hitting in April, businesses are already taking hard decisions to cut investment, freeze recruitment, cut jobs, reduce hours or increase prices.

Most Read

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

With 350,000 fewer people visiting RHS Garden Wisley annually due to the National Highways A3/M25 roadworks, resulting in £6 million...

What Are The British Holiday Aspirations For 2025?

What Are The British Holiday Aspirations For 2025?

Brits plan to take an average of three holidays next year, spending an average £3051.90 on their main holiday and visiting two new...

Prisoners Could Get ‘AI Cellmate’ To Help Them Learn

Prisoners Could Get ‘AI Cellmate’ To Help Them Learn

Prisoners could be encouraged to embrace learning and move on from crime thanks to a new AI innovation designed to transform education...

Categories



New analysis from UKHospitality reveals that a fifth of hospitality’s workforce will be dragged into the new employer NICs threshold for the first time.


The regressive changes to employer National Insurance Contributions (NICS) will hit hospitality hardest, due to the high number of employees working part-time or flexibly.


Currently, more than 1.2 million hospitality staff are not eligible for employer NICs. In April, that number will be slashed to just over 450,000 people. That’s more than 774,000 workers that will be newly eligible for employer NICs. In total, this will cost the hospitality sector £1 billion.


Combined with £2.4 billion of other costs hitting in April, businesses are already taking hard decisions to cut investment, freeze recruitment, cut jobs, reduce hours or increase prices.

Most Read

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

RHS Calls For Compensation Due To Financially Devastating Impact Of A3/M25 Roadworks

With 350,000 fewer people visiting RHS Garden Wisley annually due to the National Highways A3/M25 roadworks, resulting in £6 million...

What Are The British Holiday Aspirations For 2025?

What Are The British Holiday Aspirations For 2025?

Brits plan to take an average of three holidays next year, spending an average £3051.90 on their main holiday and visiting two new...

Prisoners Could Get ‘AI Cellmate’ To Help Them Learn

Prisoners Could Get ‘AI Cellmate’ To Help Them Learn

Prisoners could be encouraged to embrace learning and move on from crime thanks to a new AI innovation designed to transform education...

Categories

Cardiff City Loan For Will Alves

Cardiff City Loan For Will Alves

Exciting young Leicester City midfielder Will Alves will spend the remainder of the 2024/25 season on loan at Cardiff City, subject to...

LAVA Continues To Grow At Pace With Five New Hires

LAVA Continues To Grow At Pace With Five New Hires

LAVA Advisory Partners, a London-based M&A advisory, has announced five new hires – three Associate Directors, an Analyst and its first...

Brothers Bring Expert Support To Uxbridge Property Owners

Brothers Bring Expert Support To Uxbridge Property Owners

Aspray, a leading loss assessing and property claims management company, is proud to announce that brothers Ravi and Kapil Kumar have...

Recent Posts

bottom of page