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National Insurance Contributions - help
pramsay13
Posts: 2,200 Forumite
in Cutting tax
This is a bit of a complex work situation - so hopefully someone will be able to help.
I work 20 hours in a p/t job. I pay tax and NIC on my earnings there.
I work 8 hours in another p/t job. I pay tax on this but not NIC as it is below a certain weekly amount.
I also am self-employed for a portion of the week, usually average about 12 hours. I will be doing a self-assessment at the end of this tax year and so I imagine I will be paying Class 2 NIC on my earnings while self-employed.
My question is about the 8 hour post where I am not paying NIC. Obviously if my 1st job was for 28 hours I would be paying a % of the whole amount so I'm paying less than I would.
Is this correct, or will they be looking for more from me at some point?
I work 20 hours in a p/t job. I pay tax and NIC on my earnings there.
I work 8 hours in another p/t job. I pay tax on this but not NIC as it is below a certain weekly amount.
I also am self-employed for a portion of the week, usually average about 12 hours. I will be doing a self-assessment at the end of this tax year and so I imagine I will be paying Class 2 NIC on my earnings while self-employed.
My question is about the 8 hour post where I am not paying NIC. Obviously if my 1st job was for 28 hours I would be paying a % of the whole amount so I'm paying less than I would.
Is this correct, or will they be looking for more from me at some point?
0
Comments
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NIC are payable on each job individually unlike tax which is cumulative so there is no requirement to pay on any job until you earn £139 per week.0
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^^ True.
And if your taxable income from s/e is under about £5000 then you could ask for a certificate of exemption from Class 2 NICs.Signature removed for peace of mind0
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