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handyandy · 11th May 2008, 11:16

I've been a contractor for a number of years - first through my LTD in the 90's and then through an MSC until February 2007 (when the new MSC regs were sprung).

I don't know if I missed it last April/May due to all the change on change on change but in the last few weeks I'd been asking myself exactly the same question as oafc0000 - why am I paying no NIC's when I was in March?

I thought oafc0000's question had all the facts needed (though he mentioned being caught by IR35 which turned out to have no bearing on this - I'm out of IR35 by the way).

Neil's answer was clear, direct and releavant - thanks very much! I now know my take home will drop in a month or two.

By the way - the reason I even checked the take home on my pay slip was to see how much the 10% tax band going had impacted me compared to March's pay slip.

11th May 2008, 11:16	#23
handyandy Not worth listening to Join Date: Apr 2008 Posts: 14	I've been a contractor for a number of years - first through my LTD in the 90's and then through an MSC until February 2007 (when the new MSC regs were sprung). I don't know if I missed it last April/May due to all the change on change on change but in the last few weeks I'd been asking myself exactly the same question as oafc0000 - why am I paying no NIC's when I was in March? I thought oafc0000's question had all the facts needed (though he mentioned being caught by IR35 which turned out to have no bearing on this - I'm out of IR35 by the way). Neil's answer was clear, direct and releavant - thanks very much! I now know my take home will drop in a month or two. By the way - the reason I even checked the take home on my pay slip was to see how much the 10% tax band going had impacted me compared to March's pay slip.