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National Insurance Contributions

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Hi all,

This week I received a letter from HMRC asking me to inform them how much NI I had paid in the last financial year, saying that they think I may have overpaid and may be due a refund.

I have two sources of income. Main job and some extra agency work paid through a different source and so they want details of both.

My question is though, what is the maximum you should be paying in NI?

Also, if they find that I have overpaid, can I claim back for previous years?

Many thanks,

mj
Just started comping - 1/12/08 - keep your fingers crossed!

Comments

  • mjgreen60
    mjgreen60 Posts: 230 Forumite
    Part of the Furniture Combo Breaker
    Thanks for quick reply and the useful link.

    For the extra agency work, I am paid by the agency but through a payroll company, this allows me to claim certain things back against tax. Looking at the payslips that I have received, they seem to be taking my gross invoice value and then subtracting 'Employer's NI' to leave the Gross (taxable) salary.

    After this a further NI deduction is made, which I assume to be Employee's NI.

    Is this correct? It seems as though I am getting done twice for NI.

    I may well be wrong as I know very little about tax/NI etc.

    Also, for filing my returns as to how much NI I have paid, should I include the Employer's NI as well as the Employee's?

    Sorry for all the questions and thanks for your help so far,

    mj
    Just started comping - 1/12/08 - keep your fingers crossed!
  • mjgreen60
    mjgreen60 Posts: 230 Forumite
    Part of the Furniture Combo Breaker
    It is an umbrella company. Not IT, medicine!

    It is not a tax return that I am filing, HMRC want me to inform them of all NICs from the last tax year as they think I may have overpaid. Just wondering if they want to know employers and employees or just employees?

    Thanks again for all your help
    Just started comping - 1/12/08 - keep your fingers crossed!
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