Sorry if it's an obvious question, but will there be a difference in my state pension, if I am paying big amounts of NI contributions?
Is there a calculator somewhere which shows that?
Is there a calculator somewhere which shows that?
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No. They just haven't worked out how to roll it into Income Tax yet. I smell government IT contract work, if they can find anyone to take it.Originally posted by yasockie View Post -
Best not get involved with umbrellas then, Lisa?Originally posted by LisaContractorUmbrella View PostNo but you will have a nice warm fuzzy feeling from knowing that you are giving money to the Government to provide a Utopian State for all
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If you never paid any NI at all in your life, what would you not get? The state isn't going to let you starve at 65, you're going to get income support/housing benefit if you need it. It only makes a difference for the people that don't need state help.Will work inside IR35. Or for food.Comment
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Do you know how much NI I'd pay if I went through a brolly?Originally posted by LisaContractorUmbrella View PostWhy??
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What is this 'Inside IR35?'Originally posted by LisaContractorUmbrella View PostI'd certainly hope so having run one for 11 years
Basically you'd pay no more than if you had your own ltd and you were inside IR35Comment
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