NIC employers

grahamdi

Hi
Not sure if this is the right place to post but here goes.
My father is very ill and I am trying to sort out his pension & tax.
He has a SSAS and has set up a company to pay his pension & tax.

My question is does the company need to pay Employer NIC

I hope that this makes sense.

Regards
Graham

xylophone

He has a SSAS and has set up a company to pay his pension & tax.

Who advised him? Does the company have an accountant?

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/507045/sa970-2016.pdf

Do you have Power of Attorney for your father in his personal capacity/his capacity as Director of the Company?

Who are the Trustees of the Scheme besides your father?

http://www.pensionsadvisoryservice.org.uk/about-pensions/pensions-basics/workplace-pension-schemes/dc-small-self-administered-pension-schemes

You would be well advised to consult a professional.

grahamdi

The company does have an accountant but they don't deal with the personnel tax side.

Yes I have a POA to cover all aspects

I am one of the trustees of the scheme.

I started looking into this at the beginning of the month and did not realise the state the accounts were in . Each day brings more info most bad.

xylophone

I started looking into this at the beginning of the month and did not realise the state the accounts were in . Each day brings more info most bad.

Then avoid making bad worse - if you are not sure how to proceed, consult a professional.

http://adviser.royallondon.com/pensions/technical-central/information-guidance/contributions-and-tax-relief/employer-contributions-and-tax-relief/

http://www.ftadviser.com/2016/01/27/training/adviser-guides/guide-to-ssas-r9PtUiwJwiwkxqwGh2UtBI/article.html

Is the above of any assistance?