Making NIC Work Your Business
June 20, 2022
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Smaller Member Support Program "Making NIC Work Your Business

The Chamber continued to strengthen and make members more resilient. Resilience is not only about being being strong and well organized to face natural disasters, it is that and more.

A well structured, managed and operated business is generally more resilient than one that is poorly structured and run.

Essential to a good functioning business is the team of workers who makes the company successful by their effort in delivering the goods and services the Company produces and provides its customers.

Ensuring that your workers have peace of mind as far as their incomes in the event of distress and when they retire contributes to the sense of security. It also is a clear demonstration that you as an Employer is concerned and prepared to play your part in looking after their future wellbeing.

The National Insurance Corporation funded through employee and employer contributions is a critical element of the labour relations and social safety net infrastructure of the country. Ensuring that your business is in good standing by fulfilling their obligations in a timely manner is critical to a company taking care of its valued team members.

On Tuesday May 17th A Webinar was  hosted by the Chamber on Making NIC Work for Small Business.

The Webinar will covered the following Areas:

·       Overview of the different National Insurance benefits available to SME's

·       The NIC Regulations and SMEs

·       Benefits of Making NIC contributions

·       How contributions can be paid by self-employed/sole-trader/ small businesses

·       Correct procedures for completing the NIC forms

·       Other Important pointers from the NIC Act for small business.

The NIC information leaflet will be shared with members.

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