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Which bank account do I pay my NI from?
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bexb
Posts: 3 Newbie
Sorry if this has been mentioned before, but I need to pay my National Insurance today and Im not sure whether Im meant to pay it out of my personal account or my business account? As you can tell, Im new to the whole thing! Any advice greatly appreciated :-)
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I am assuming that this relates to you being self employed, if so, your accountant will advise you.
If you are paying NI for employees, I would think that you would be paying from your business account as it is a cost and should appear in your accounts.
I hope someone else will come along and clarify the matter for you as I am a book keeper not an accountant.:whistle: Be the kind of woman that when your feet hit the ground each morning the devil says, "OH CARP, SHE'S UP"! :whistle:0
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