If you’ve formed a new company, it might be entitled to an NIC holiday. However, it must be an entirely new business, and not simply a move of an existing business to a new company. Location is also a key factor in qualifying for an NIC holiday. Companies in London and the south east do not qualify at all, and this region stretches all the way up to the Northamptonshire border. There are also business which are entirely excluded from NIC holidays, including road freight, coal, and export businesses. Please contact Harnett Accountants Twickenham to find out more information, and to find out whether your business could qualify for an NIC exemption.
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