Taking on staff to get a grant? Businesslink...

[BirdFromDaNorf]

Hello, met someone from Businesslink today, to ask about about applying for grants - for training, capital investment - laptop, desks etc. and training.

If I take on my self employed admin person as an employee I can get matched funding on up to 10K of spending. Which is great, but realistically, what's the cost in terms of NI and other stuff?

Anyone got any experience? I'm assuming I'd be paying for the NI at 20 ish%, what else? I won't be offering a pension contribution.
I don't know what else to think of.

I'm only actually looking to spend about 1K, maybe 2K at most, so is it worth my going down this route?

What do you think?

You'll have to pay for holiday and sick pay.

I thought I paid NI at 11% not 20% (but I could be wrong)

Leave is 28 days (which could include bank holidays)

Sick pay is funded by the gov (at least it was the once I had to pay it)