Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Wed, 03 Jul 2024 11:38:58 GMT by Nigel Hoare Hoare
Dear HMRC, I use Basic PAYE tools. All of my Payslips for the current Tax Year [24/25] , show NI letter : "A" . My monthly Salary is £1,048. And £1,048 shows on my payslips accordingly. The Employer [secondary] NIC deduction is £zero . How can this be, as the Secondary threshold for this Tax Year is £758 . Regards, Nigel Wilkes
Posted Thu, 11 Jul 2024 10:02:32 GMT by HMRC Admin 25
Hi Nigel Hoare,
If you are a director which we are  assuming you are you can choose a non cummulative or cummulative calculation for NI.
If you are on the directors method which is cummulative then you will not pay NI until your income exceeds the yearly threshold.
Please see this guidance to provide details of the two methods. 
National Insurance for company directors
Thank you. 

 

You must be signed in to post in this forum.