Special rules apply to directors’ NI contributions. Normally they go unnoticed but in a year which has seen many directors cut their salary this might result in too much NI being paid. If this
affects you, how can you get a refund?
Published 09.03.2021
Providing benefits in kind rather than paying salary is usually more NI efficient. However, the opposite can be true where the director or employee concerned is paid a low salary. When and how should
you consider swapping benefits for salary?
Published 13.11.2019
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
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
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 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
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
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