`The Chartered Institute of Payroll Professionals
News On Line
Reminder of NI rates and thresholds for directors Published: 22 November 2022 Emailed: 23 November 2022
There have been numerous changes to national insurance (NI) this year, ‘unprecedented’ has been the word used quite a few times. But with all those changes it is worth taking stock of where we are and what we should be doing to stay compliant.
First let’s look at the rates for employee directors’ NI.
For directors on the standard method (cumulative annual calculation), use the below rates for the whole tax year:
For directors using the alternative method, use the below rates.
Now, let’s look at the rat es for employers in relation to directors’ NI :
For directors on the standard method (cumulative annual calculation), use the below rates for the whole tax year:
For directors using the alternative method, use the below rates.
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