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Previously on "Employer NI Showing as £0 for This month......why?"

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  • prozak
    replied
    great.

    thanks all.

    Leave a comment:


  • Danielsjdaccountancy
    replied
    Hi,

    Its due to Directors paying National Insurance on an accumulative basis, it should kick into play in the latter months of the payroll run.

    If you go to the HMRC website you'll find more info.

    Leave a comment:


  • matzie
    replied
    It could be worth reading leaflet CA44, NI for Company Directors: http://www.hmrc.gov.uk/nitables/ca44.pdf

    I haven't looked at the exact numbers you posted but it could be that you're on a cumulative basis and won't start to be liable for NI until, in the current annual period, you exceed the LEL/ST/PT etc, ie:

    Both the company and the director are liable for Class 1,
    that is, employed-earners NICs when the director’s total
    earnings reach the Lower Earnings Limit (LEL). But the
    company only pays NICs if the director’s total earnings
    exceed the Secondary Threshold (ST) and the director
    only pays NICs if the director’s total earnings exceed the
    Primary Threshold (PT)
    from paragraph 10 of CA44.

    HTH

    Leave a comment:


  • pmeswani
    replied
    Originally posted by prozak View Post
    Just using PAYROO to run a test of this months (month 1 2011/12) pay run and paid myself £600

    This should be enough to have to pay a measly 1.47 employers NI.

    Anyone know any reason why PAYROO might be showing £0 ? Is 1.47 too small?
    Probably. It depends on when you paid yourself too. Don't forget the new year brings new tax thresholds.

    Leave a comment:


  • givenchy513
    replied
    Originally posted by prozak View Post
    Just using PAYROO to run a test of this months (month 1 2011/12) pay run and paid myself £600

    This should be enough to have to pay a measly 1.47 employers NI.

    Anyone know any reason why PAYROO might be showing £0 ? Is 1.47 too small?
    I think it used £7225 as the NI threshhold, not £7072 as some other post mentioned.

    Leave a comment:


  • prozak
    started a topic Employer NI Showing as £0 for This month......why?

    Employer NI Showing as £0 for This month......why?

    Just using PAYROO to run a test of this months (month 1 2011/12) pay run and paid myself £600

    This should be enough to have to pay a measly 1.47 employers NI.

    Anyone know any reason why PAYROO might be showing £0 ? Is 1.47 too small?
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