Which ni category am i
Your employer will also pay into your National Insurance Contributions but these rates will be slightly different from yours. Your category can be found on your Pay slip. Employees who fall under this category are married women and widows entitled to pay reduced national insurance.
If you earn over this amount, you will be deducted at 5. You do not pay national insurance if you work past state pension age. Employees in this category defer national insurance because they are already paying contributions in another job Employees whom have more than one job. Category Z is for employees whom are under the age of 21 and defer national insurance because they are already paying contribution in another job under 21 and have more than one job.
It is employers who will benefit from this change. Existing employees may notice a change to the National Insurance category letter recorded on their payslip. If you are thinking of outsourcing your payroll processing, April is a good time to make the change. The 6th April is the start of a new tax year and also the date changes come into force for the abolition of employers National Insurance for under 21s.
With pension Auto Enrolment on the horizon you are likely to need assistance with your payroll. Alterledger can help plan for your staging date , set you up with a pension scheme or take over the monthly payroll processing to give you more time to run your business. Telephone: advice alterledger.
To find out more about our services please fill in your details below. By doing so, you agree to our Privacy policy :. Please note: if your employee is under 21 and meets the same conditions as an apprentice under 25, use NI category 'H'. Need help? Support is available at or support brightpay. Below is a summary of NIC Category Letters and which employee group they apply to: Apprentices under 25 in qualifying circumstances Since April , employers of apprentices under the age of 25 are no longer required to pay secondary Class 1 employer National Insurance contributions NICs on earnings up to the Apprentice Upper Secondary Threshold for those employees.
The following National Insurance Table Letters are applicable for under 21s: Please note: if your employee is under 21 and meets the same conditions as an apprentice under 25, use NI category 'H'. Ordering for the new Tax Year How do I start processing payroll? Re-opening Payslips Re-defining Schedule of Periods. MultiUser Enhancements Details.
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