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2nd income do i pay NI on it
gasboardonboard
Posts: 13 Forumite
in Cutting tax
i am a semi pro footballer and recieved a signing on fee of £1500 as far as i know i pay 22% tax on it but do i also need to pay national insurance ? this money is a second income
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Comments
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Evening Gasboardonboard,
I currently have 3 jobs and pay tax on all three but only pay NI on my main job. I would imagine this is the same for everyone.
HTH
Sugar xxx"The journey of 1000 miles commenced with a single step"0 -
Sugarhunny1 wrote: »Evening Gasboardonboard,
I currently have 3 jobs and pay tax on all three but only pay NI on my main job. I would imagine this is the same for everyone.
HTH
Sugar xxx
Sorry I disagree due to:
http://www.hmrc.gov.uk/faqs/nicqc1.htm#4Today is the first day of the rest of your life0 -
Sugarhunny1 wrote: »Evening Gasboardonboard,
I currently have 3 jobs and pay tax on all three but only pay NI on my main job. I would imagine this is the same for everyone.
HTH
Sugar xxx
if you pay over the threshold you pay ni on each employment unless you have defermentNeeding to lose weight start date 26 December 2011 current loss 60 pound Down. Lots more to go to get into my size 6 jeans0
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