Introduction to Income Tax and NICs

Introduction to Income Tax and NICs National Insurance contributions

on the excess. For this purpose, an ‘Additional Gross Pay’ table is included at the back of each table booklet.

Look up the amount of the excess earnings in this table and read off the extra NICs alongside. If the exact figure of earnings you require does not appear, then it can be made up from two or more smaller amounts. The extra NICs liabilities calculated are added to the last figures taken from columns 1d and 1e on the main table to give the total NICs due for that period.

4.9

Abbreviations

AUST

– Apprentice Upper Secondary Threshold

BiK

–

Benefit in Kind

DWP

–

Department of Work and Pensions

FPS

–

Full Payment Submission

FUST

–

Freeport Upper Secondary Threshold

HMRC

–

HM Revenue & Customs

LEL

–

Lower Earnings Limit

–

National Insurance

NICEO –

National Insurance Contributions and Employer Office

NICs

–

National Insurance contributions

NINO

–

National Insurance number

NPS

–

National Insurance and PAYE Service

NVR

– National Insurance Verification Request

PSA

–

PAYE Settlement Agreement

–

Primary Threshold

RTI

–

Real Time Information

SPA

–

State Pension Age

–

Secondary Threshold

UEL

–

Upper Earnings Limit

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