Making irregular payments to your employees, such as bonuses, might result in some of these earnings escaping NI. Can this loophole be used to increase your workers’ take-home pay?
Published 22.07.2011
As dividends aren’t subject to NI, paying them instead of salary is a common way to cut your PAYE bill. But in a recent case the Taxman won the right to NI on bonus payments. Could he use this ruling
to attack your company?
Published 04.11.2009
One of your workers claims you’ve deducted too much NI from her salary. She says you have the “earnings period” wrong. As this was calculated by your payroll software you’re sure it’s right. What’s
the problem?
Published 12.11.2012
Special NI rules apply to a director’s salary etc. Usually your payroll software can handle these, but errors can occur when a director is appointed or resigns. What can you do to ensure neither your
company nor the director overpays NI?
Published 31.10.2018
NI has no system for allowing deductions where an expenses payment relates to a mixed business and personal cost; your company has to pay NI on the lot. But is there a way around this rule?
Published 22.12.2010
Two directors have been meeting the cost of business expenses out of their salary but they’ve now found out that this could be costing them thousands a year in extra NI. Why is this and what’s the
alternative?
Published 07.09.2011
The suggestion is that rather than pay Corporation Tax, you could have some remuneration just over the lower earnings threshold to give you an NI record for the year. Does it matter when you pay
this?
Published 11.10.2007
A recent Court of Appeal decision ruled that dividends can be charged to NI. Can the Taxman use this decision to attack all owner-managed companies?
Published 19.04.2012
You should have received your Employer Pack 2008 from the Taxman by now. What’s on the free accompanying CD and how can you use it to your advantage?
Published 31.03.2008
The final touches have only just been made to the NI employment allowance. Now there’s talk of another NI break for employers. What’s the full story?
Published 27.11.2013