NI Contributions - ILR or Tier 1 General extension
Posted: Sat Jan 19, 2013 5:12 pm
Dear All,
Firstly, thank you all for all the valuable guidance you all have been providing over here.
I am planning to apply for ILR soonest possible and noted about the requirement for NI contributions for Tier 1 General route.
Please can anyone help with some guidance on the requirement for paying national insurance for a self employed professional, running a limited company, who usually take minimum salaries and do not contribute NI.
The guidance suggests that those who are self-employed should pay Class 2 NI. Is this mandatory? Are there any workarounds?
Kindly suggest.
Many thanks...
Firstly, thank you all for all the valuable guidance you all have been providing over here.
I am planning to apply for ILR soonest possible and noted about the requirement for NI contributions for Tier 1 General route.
Please can anyone help with some guidance on the requirement for paying national insurance for a self employed professional, running a limited company, who usually take minimum salaries and do not contribute NI.
The guidance suggests that those who are self-employed should pay Class 2 NI. Is this mandatory? Are there any workarounds?
Kindly suggest.
Many thanks...