NI can be saved by restructuring your employees’ pay. However, HMRC may have something to say about it. So what is at stake and how can you escape the Taxman’s clutches?
Published 06.11.2008
You’ve been a director of your company since you set it up a year ago, but you’re now drawing a salary for the first time. Because special rules for calculating directors’ NI apply what should you be
checking and why?
Published 13.10.2016
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
If you have employed and self-employed income, you may be paying too much NI . How do you know if you’ve paid too much, and if you have, how do you claim it back?
Published 19.05.2005
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
As a director of a small company you can more or less say how and when you would like your salary paid. The trouble is your total income varies each year which makes it tricky to decide what salary
to take. Is there a way around this?
Published 16.10.2018
There are good reasons for keeping a close eye on your NI contributions. For example, they are key to your entitlement to the state pension and other benefits. How can you identify and check if
you’ve over or underpaid contributions?
Published 26.05.2023
The end of the tax year is just a few weeks away. As an employer you’ll need to carry out the usual payroll year-end routines. However, if your business operates through a company there’s an extra
step that might be required. What is it?
Published 20.02.2024
Few employers seem to be aware that an entirely new NI band will be introduced in April 2009. What will this mean for you and your employees?
Published 12.03.2009
If you have more than one paid job you could be paying too much NI. In theory HMRC should check and repay what’s due to you, but often that doesn’t happen. How can you get your money back and stop
overpayments in the future?
Published 30.05.2014