by | Apr 24, 2025 | National Insurance
A reminder that increases to the rate of National Insurance contributions (NICs) that are paid by employers came into effect on 6 April 2025. The main rate of secondary Class 1 NICs has increased to 15% (from 13.8%). This applies to earnings above the secondary...
by | Mar 13, 2025 | National Insurance
Self-employed individuals earning £12,570 or more annually must pay Class 4 National Insurance Contributions (NICs). For 2024-25, rates are 6% on profits up to £50,270 and 2% above this. Certain groups are exempt, and voluntary Class 2 NICs may be...
by | Feb 17, 2025 | National Insurance
Even if you have never been employed, you might have been eligible for NI credits without realising it. For example, if you have been a carer for a sick or disabled person for more than 20 hours a week, you could have claimed Carer's Credit. Similarly, if you have...
by | Jan 30, 2025 | National Insurance
From 6 April 2025, employers will face a 1.2% rise in National Insurance contributions, alongside a lower NICs threshold. However, an increased Employment Allowance aims to ease the burden for small businesses. Here’s what you need to prepare for these key...
by | Jan 9, 2025 | National Insurance
Misplaced your National Insurance number? Do not worry! From checking payslips to using the HMRC app, there are many ways to recover it. If all else fails, you can request it via post. Here is everything you need to know to locate or apply for your NI number....
by | Dec 5, 2024 | National Insurance
If you have lost or forgotten your National Insurance number, there are several ways to retrieve it. You can find your National Insurance number: On a document you already possess, such as a P60, payslip, or letters regarding benefits. In your personal tax account. In...
