Why does my employee pay national insurance when they don’t pay tax?
In the 2016-17 financial year, the standard non-taxable allowance for an individual is £11,000.00. If the employee has a standard tax code of 1100L they will begin to pay tax when earning £917.00 per month. This is based on them working from 6th April 2016, and...
Do I have to give my employee a payslip?
In short, yes. Whether your employee works part time and is paid beneath the Tax and National Insurance thresholds or works full time and pays both tax and NI, you are required to provide them with a payslip However, if the person working for you is not an employee,...
What is Employers Allowance?
Employers Allowance is relief offered to employers on Employers NI. Any relief on any tax sounds beneficial, but as simple as that sound lets go into it in more details. As an employer you are required to pay ‘Employers National Insurance’. Employers NI is calculated...
My employee has PAYE tax and NI deductions they did not expect. What do I do?
Tax is calculated based on an individual’s tax code. This will have either been taken directly from the P45 that was provided by their previous employer, or determined by the box ticked on the HMRC New Stater Checklist they completed when they started work for you. If...
