Questions tagged [national-insurance]
The national-insurance tag has no usage guidance.
30
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Voluntary National Insurance contributions for missed years as a student - is it worth it?
I'm a student in the UK. For this reason I have not been working full-time, leading to gaps in my National Insurance contributions (NICs) - 6 years and a total of £4400, to be precise. I could ...
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4
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1
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How do NI Qualifying Years work if you're self-employed *at a low rate* AND employed
In order to receive a full UK State Pension you must accrue enough "Qualifying Years".
I (think that!) I understand how qualifying years work if you're just employed.
And I (think that!) I ...
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How do I calculate my deductions (income, national insurance, pension & student loan) for an income of 1 week?
I left Company 1 on the 22nd of September, 2022
My salary at Company 1 was £41,000.
My P45 states that my:
Total pay to date (at the time) was: £19,741.76
Total tax to date (at the time) was: £2,690....
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1
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UK national insurance increase impact on low and higher earners
National Insurance payments are increasing in the UK this April. I am seeing arguments against this that say the increase will have a higher impact on the lower paid.
This BBC article shows a new ...
- 193
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*Remote* internship for a UK company as a Spanish resident — they want me to go to the UK?
Background
My permanent residence is in (mainland) Spain
I'm studying at a university in the UK (specifically, Scotland)
At the start of this academic year (September 2020), I moved to the UK for ...
- 255
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1
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127
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Number of weeks in financial years (UK)
For each of the last 15 years, in the UK how many weeks were there in the tax/financial year? I want to have a clear out of old payslips and plan on shredding them all apart from the last one of each ...
- 121
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0
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56
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Help on calculating national insurance obligations as a director of a UK based limited company
For the Jan 2020 to Jan 2021 I was working and being paid in the US. All tax etc. was paid in the US. I came back to the UK and started a business - a limited company where I am director and only ...
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4
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1
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Working abroad - should I pay National Insurance contributions?
I am a 39 year old British citizen. For the next year, possibly longer, I will be living and working in Thailand. I have a working visa, will be working for a Thai company and will be paying local ...
- 141
4
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1
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108
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What is the minimum weekly pay to be credited with a Qualifying Year on your National Insurance?
I run a limited company, and want to pay myself a wage. There is a limit to what you can pay yourself before the company has to pay National Insurance contributions. But what is the minimum wage you ...
- 143
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Wisdom of Voluntary National Insurance Contributions in 20's
There are a few other questions on this site about voluntary NICs, but these generally relate to people either retired or just about to retire.
I'm in mid-20's and, hence, immediate retirement is ...
- 144
2
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1
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Tax and National Insurance Savings if non-resident (UK)
I'm working for an employer in London. There is an option for me to work partially from home which means also abroad (EU). I'm considering arriving in the UK on Monday in the morning and leaving on ...
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With regards to a national insurance refund, what is my Work or Clock number?
So i got a letter from hmrc (UK tax) letting me know I'm due for a refund, and on one of the bits I need to fill out it asks me for my "Work or Clock number" for each job I've had during the tax year.
...
- 191
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UK: National Insurance on employee loans when there is no interest benefit
HMRC states that you have to report on a P11D and pay Class 1A National Insurance on the value of any benefit when a 'beneficial loan' is made to an employee.
https://www.gov.uk/expenses-and-benefits-...
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4
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1
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How many weeks of NICs are needed to be a qualifying year for a UK pension?
How is a "qualifying year" for the purposes of a UK pension defined? Is it a number of weeks of NIC contributions or is it the annual amount of NICs paid that matters?
UK National Insurance ...
- 156
13
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2
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Once retired, is it ever not worth improving a pension by voluntary National Insurance contributions?
I am recently retired (in Germany) and gather from my UK National Insurance record (on tax.service.gov.uk) that I have 11 full years1 and a number of gaps which I may2 be able to close with voluntary ...
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