Employers NI allowance

[RSmith2.]

New limited company with two directors drawing a monthly wage. Will be using QuickBooks.

Is the employers NI allowance available immediately upon first payroll? Or is there is a delay following application? Or is there a bill to front, that needs to be claimed back at a later date?

My understanding is it's available upon submission during first payroll, but I'd just like to be sure there isn't a costly bill to front as we will be doing with CIS.

 

[Newchodge]

New limited company with two directors drawing a monthly wage. Will be using QuickBooks.

Is the employers NI allowance available immediately upon first payroll? Or is there is a delay following application? Or is there a bill to front, that needs to be claimed back at a later date?

My understanding is it's available upon submission during first payroll, but I'd just like to be sure there isn't a costly bill to front as we will be doing with CIS.

YAs long as you set up your payroll software properly your first EPS will tell HMRC that you are entitled to NI allowance (you have to decide if you are entitled). That is is, the allowance will be applied by your software.

 

[DontAsk]

It was automatic for me, using (cough) HMRCs BPT.