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A key change is that Small Employer’s Compensation rate for Statutory statutory reclaims has been increased from 3 to 8.5% for 2025/26. SER is applicable to employer's with a Class 1 NI bill National Insurance liability in previous years of £45,000 or less. The small business and small business (previous year) refer to 2024/25 and 2023/24 and are used determined by the last complete tax year before the employee’s Qualifying Week (QW) or Matching Week (MW) for adoptions.
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