Harnett Accontants

Harnett & Co | Chartered Accountants, Kingston upon Thames
Global House Business Centre 1 Ashley Avenue Epsom Surrey KT18 5AD
ICAEW Authorised Practice
Accountancy

Does Your Newly Formed Company Qualify For An Nic Exemption? Find Out From

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 to find out more information, and to find out whether your business could qualify for an NIC exemption.

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Reviewed for 2026/27: All tax figures and HMRC rules in this article reflect current guidance for the 2026/27 tax year.

Key Considerations

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📌 Important: Tax rules change regularly. Always verify current figures at gov.uk/hmrc or speak to a qualified accountant.
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Harnett and Co are ICAEW chartered accountants in Kingston upon Thames, Surrey. We give clear, practical advice to businesses and individuals across West London and Surrey. Book a free consultation today.