31/03/2026
National Insurance for businesses - so we all know this increased in the recent Government review but its taken a while for its impact to be really seen in some businesses.
We had a chat today with our accountant who laid it out in black and white to us..... not pretty.
I think what we truly failed to realise is that because we are basing our business on staff (most of our costs) it was always going to hit us hard. We are like a lot of companies - if not most companies in the UK.
It is rather tragic that by doing nothing wrong this increase hit our profits in a big way and the only thing we can do is find more turnover (or raise our rates).
But we are not alone - it is an issue that is hitting most of our clients so I guess we just have to get back to work and build up an even more resilient business.
If anyone has any suggestions or advice - lets hear it!!!!