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National Insurance Contributions

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Personal Gov't U-turn on Class 2 NI contribution abolishment has positives but system needs a review

The Government’s decision to go back on its proposal to abolish Class 2 national insurance contributions for the self-employed, while prompting calls for a review o

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Business Employing other people (PAYE)

If you plan to employ other people, you need to get everything sorted out well in advance regarding their pay and tax.

Business Class 1 & Class4 National Insurance Contributions

National Insurance Contributions (NICs) are paid by almost everyone who works for a living and go towards paying for pensions, benefi ts and healthcare.

Q&A Declaring a second income

Q: I am employed and pay tax and national insurance contributions. However outside of this work I make money as a contractor in another business.