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Part Time Work
missile
Posts: 11,870 Forumite
in Cutting tax
I work part time through my limited company.
I intend to pay myself a flat salary irrespective of how many hours I work. What is the max I can pay as salary / month before I need to pay NHI contributions?
Many Thanks :A
I intend to pay myself a flat salary irrespective of how many hours I work. What is the max I can pay as salary / month before I need to pay NHI contributions?
Many Thanks :A
"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:
Ride hard or stay home :iloveyou:
0
Comments
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£589 for employer contributions and £602 for employee.
http://www.hmrc.gov.uk/rates/nic.htm
http://www.hmrc.gov.uk/paye/rates-thresholds.htm#6
You need to earn between £442 and £588 per month to avoid paying both employer and employee contributions but get NI credits.0
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