Trying to work out NI contributions?

Metermaid

I'm trying to ascertain what NI contributions my 21 year old daughter will pay when she starts work shortly (salary £19K) - I've visited the Inland Revenue website but I can't make head or tail of the various tables etc. Please could anyone come up with a figure for me - confused not just lazy!!

TIA

MM

mookybargirl

I'm by no means an expert, but;

She will be able to earn £5225 per year without paying anything. Above this, it is 11%. Assuming that she is single female paying standard rates. If she is in a pension scheme, I'd suggest to give HMRC a call as being in a company used to mean you paid differently, although I'm not sure if this is still the case.

Hope it helps.

Metermaid

Fantastic thank you - off to tap that into the calculator!

scottishlass

This is quite a handy calculator Shows your NI contributions, tax etc when you type in your monthly/annual wage.

tigtag02

mookybargirl wrote: »

I'm by no means an expert, but;

She will be able to earn £5225 per year without paying anything. Above this, it is 11%. Assuming that she is single female paying standard rates. If she is in a pension scheme, I'd suggest to give HMRC a call as being in a company used to mean you paid differently, although I'm not sure if this is still the case.

Hope it helps.

You seem to have got your tax codes and NI mixed up

NI is 11% on anything over £100 per week / £435.00 per month - there is also a higher bracket but an annual salary of £19k will not meet this.

HTH
tigtag

Metermaid

Very useful folks thanks - the calculator is especially brilliant Scottishlass!