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
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
To enhance your state pension entitlement, you have a limited time to plug any gaps in your NI contributions record going back to 2006. When is the deadline, and how can you check for and correct any
shortfall?
Published 22.02.2023
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
If you make a loss from your unincorporated business you can use it to reduce the tax on your employment income. It can also reduce your NI contributions, but the rules for this are tricky. What
should you be looking out for?
Published 19.05.2016
A First-tier Tribunal (FTT) recently ruled on a case involving voluntary (Class 3) NI contributions. The individual who paid them wanted them to be refunded but HMRC refused. Was it right to do so?
Published 09.02.2022
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
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