Directors' NI calculator
A special method applies to the calculation of directors' and their companies' NI on salary, bonuses, etc. HMRC also allows an alternative method, but where this is used a calculation should be made at the end of each tax year using the special method to ensure that the correct amount of NI has been paid.
Purpose of the calculator
Our calculator works out the NI payable for any given pay period using the special method for directors’ pay. It automatically adjusts the calculation where a director was appointed during the year.
Related Topics
-
Leasing goods to a connected business
Your business owns assets that are leased to a connected business and you charge a monthly fee plus VAT. Is there a risk that HMRC could take action by issuing a so-called “Schedule 6 notice”?
-
Hidden MTD news in Spring Statement documents
Chancellor Rachel Reeves kept her pledge that there would be no more tax rises at the Spring Statement, but there are some important Making Tax Digital developments hidden away in the tax related documents. What do you need to know?
-
SDLT increases - what’s the latest?
If you’re in the market to buy a property, changes to stamp duty land tax (SDLT) are about to increase the cost. When will the new rates apply and which types of purchase are affected?