Questions tagged [national-insurance]

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1 answer
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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 ...
Brondahl's user avatar
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1 vote
1 answer
121 views

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....
nopassport1's user avatar
1 vote
1 answer
123 views

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 ...
fortunia88's user avatar
8 votes
2 answers
306 views

*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 ...
Anakhand's user avatar
  • 255
2 votes
1 answer
109 views

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 ...
SpacePhoenix's user avatar
1 vote
0 answers
56 views

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 ...
CiaranWelsh's user avatar
4 votes
1 answer
194 views

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 ...
igniteflow's user avatar
4 votes
1 answer
108 views

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 ...
jon's user avatar
  • 143
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1 answer
97 views

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 ...
gktscrk's user avatar
  • 144
2 votes
1 answer
77 views

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 ...
Nick's user avatar
  • 217
9 votes
1 answer
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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. ...
will's user avatar
  • 191
1 vote
0 answers
74 views

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-...
Dave Sumter's user avatar
4 votes
1 answer
570 views

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 ...
Michael D.'s user avatar
13 votes
2 answers
465 views

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 ...
PJTraill's user avatar
  • 233
2 votes
0 answers
59 views

Could anyone confirm if I correctly understand how plugging a gap in someone's national insurance record works? (mixing Class 2 and Class 3 NICs)

Assume that a person became self-employed part of the way through the 2015-2016 tax year and subsequently paid voluntary Class 2 national insurance for 21 weeks. If they now send the NI office a ...
user avatar
3 votes
1 answer
92 views

Does UK personal allowance include NIC contributions?

I have ended an internship in the UK and am now studying there. I am planning to fill in a P50 form since I earned less than £11,500 and I'm not going to work again during this tax year. I paid ...
denidare's user avatar
  • 145
2 votes
1 answer
200 views

Are my income tax and national insurance deductions correct?

I would really appreciate some help to ascertain whether my partner and I are being charged the correct income tax and national insurance contribution deductions. I started employment on 1/5/17 (1 ...
jason bell's user avatar
3 votes
2 answers
297 views

National insurance shortfall after living in Germany

I lived and worked in Germany for 17years, now i have returned to the UK. I have obtained a U1 form to confirm my state contributions to the German system, can this be used to fill the gaps in my ...
Gcaney's user avatar
  • 31
4 votes
2 answers
493 views

Making up National Insurance shortfall when working abroad

I lived and worked in the UK for several years, but now live and work elsewhere in the EEA, where I will remain indefinitely. (I have no plans to return to the UK to work or retire, but anything's ...
Psychonaut's user avatar
4 votes
1 answer
4k views

Tax implications of being a UK employee of a US company?

I'm a UK resident entering into employment with a US company. They're not currently registered for PAYE in the UK, nor do they yet have a UK entity, and they would like to pay my salary directly from ...
Mark Amery's user avatar
2 votes
1 answer
118 views

As a British ex-pat living in the USA, should I top up my NI contributions?

I have lived in the USA since 2005 and am in my mid 40's. I am a permanent resident of the USA, not a citizen. While in the UK I did not contribute sufficient to NI, and so would get letters from ...
Bradley Thomas's user avatar
3 votes
1 answer
119 views

UK self-assessment: employed and self-employed with small self-employed income: what to do about class 2 NICs?

My google-fu is failing to find me a straight answer to this one, perhaps because the merging of some NIC payments with self-assessment is relatively recent and there's a lot of old info out there: ...
timday's user avatar
  • 3,937
5 votes
2 answers
2k views

Why is UK National Insurance calculated weekly?

In the UK and many other countries, there is a threshold below which no income tax is paid. It is an annual threshold so that you don't pay any income tax if your total earnings are below it in any ...
octopus's user avatar
  • 151
6 votes
1 answer
379 views

UK National Insurance deduction as income tax in NZ

I understand as a New Zealand tax resident I am required to declare my worldwide income and the tax I pay on this income back in NZ each year when I do my tax return. However I am wondering what the ...
Andrew's user avatar
  • 61
4 votes
1 answer
551 views

How are national insurance deductions calculated in the UK?

I understand that in the UK national insurance is a deduction made to your salary. I have seen this question/answer, that lists 2 very good websites that breakdown your take home pay for UK residents. ...
Husman's user avatar
  • 405
11 votes
3 answers
3k views

Housewife pension options

We live in the UK. I have a job and pay into a company provided pension (with the company then paying in some extra). My wife left her job a couple of years ago and is now a 'house wife' aka stay-at-...
Kate's user avatar
  • 213
6 votes
1 answer
1k views

Is PAYE Mandatory for Making Salary Payments

I am the director of a limited company in England and Wales and am the only worker and shareholder. I understand that it is advantageous for me to draw a salary from the company and also take some ...
ATG's user avatar
  • 255
3 votes
2 answers
338 views

How to pay N.I contributions when both employed and self-employed?

I make less than £6k a year from my self-employed work, and N.I is taken off my employment PAYE. Should I be paying N.I contributions for my self-employed work as well?
user13601's user avatar
6 votes
1 answer
2k views

I am not a UK citizen. What happens to National Insurance I paid, when I go back to India? Can I claim any of it back?

I am an Indian citizen currently working in UK. I pay 11% of my salary to UK National Insurance in addition to the income tax. Can I claim any of it back when I go back to India?
mananjani's user avatar