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National Insurance

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ganeshptrk
Junior Member
Posts: 99
Joined: Mon Jun 02, 2008 11:25 am

National Insurance

Post by ganeshptrk » Tue Aug 19, 2008 7:58 pm

Hi,
I have a query on National Insurance. If one is earning more than 105 GBP per week, then they have to pay NI in addition to Income Tax. So is paying NI starts from the first month you started the job...? I heard from someone that paying NI starts only from 2nd year (that is 13th Month). So one doesn't have to pay NI in their first year.

Please clarify this.

Cheers
Ganesh
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Kaff
Member of Standing
Posts: 273
Joined: Mon Jan 29, 2007 1:43 am

Post by Kaff » Thu Aug 21, 2008 9:21 am

I beleive there is no exception in paying NI, it starts from the day you start your job. Employeers normally deduct it from your salary! Not sure if you are self employed what would be the rules.
Hope this helps.
Kaff
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3crown
Member
Posts: 130
Joined: Tue Jun 03, 2008 3:19 pm

Post by 3crown » Fri Aug 22, 2008 11:57 am

We registered as self-employed when applying in person for NI no. in DSS office, this link may help you.

http://www.hmrc.gov.uk/selfemployed/tma ... oyed.shtml
Kaff wrote:I beleive there is no exception in paying NI, it starts from the day you start your job. Employeers normally deduct it from your salary! Not sure if you are self employed what would be the rules.
Hope this helps.
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