Skip to content

All News and Blogs

39% of SMEs to offer staff benefits to mitigate NIC hike

March 2025: As the Chancellor prepares her Spring Statement amid ongoing concerns over the rate of inflation, a new surveyi) of SME decision makers suggests a third of businesses (35%) are planning to  implement price increases to help mitigate the uplift in NIC from April 2025. Furthermore, 39% of firms are planning to introduce staff benefits to avoid higher wage bills.

Contact Us for more information

For more information or to speak to one of our underwriters contact us today.