From 6 April 2022 to 5 April 2023 Link to GOV.UK – National Insurance Thresholds
National Insurance Rates & Thresholds for 2022-23
March 21, 2022
Tag Archives: National Insurance
1.25% Health & Social Care Levy
March 21, 2022
Who is likely to be affected Employers, employees and the self-employed who are liable to pay National Insurance contributions and individuals that would be liable to pay National Insurance contributions were it not for pension age restrictions. (Individuals who only … Continue reading
Employment Allowance Reforms From April 2020
March 13, 2020
Changes to Employment Allowance rules from April 2020 If you are an existing business that was claiming the Employment Allowance in 2019/20 tax year, you need to know about the reforms coming into effect in April 2020 and check whether under the … Continue reading
The end of childcare vouchers?
May 25, 2017
Tax-Free Childcare is now available to working parents, but it’s not time to say goodbye to childcare vouchers just yet. Vouchers can help you maximise National Insurance savings. There are now two ways for working parents to get help with … Continue reading
Autumn Statement 2016 and payroll
November 24, 2016
Here’s Biznus Payroll’s round-up of the key Autumn Statement announcements that affect payroll. Personal Allowance The Personal Allowance – the amount that can be earned before tax has to be paid – will increase to £11,500 in April 2017. The … Continue reading
What’s a P60?
April 25, 2016
A P60 summarises an employee’s total pay and deductions for the tax year. You need to give all employees on your payroll, who are working for you on the last day of the tax year (5 April), a P60. The … Continue reading
National Insurance
October 19, 2015
National Insurance (NI) is paid by both employers and employees. By paying NI contributions employees qualify for certain benefits such as the State pension and maternity leave. Employees pay Class 1 NI if they’re: 16 or over earning above £155 … Continue reading
A brief guide to PAYE
October 16, 2015
Payroll and PAYE is complicated. Here a quick overview to get you up-to-speed. PAYE is the system that HM Revenue and Customs (HMRC) uses to collect Income Tax and National Insurance (NI) from employees. When you employ staff you’ll make … Continue reading