Self-Employed.....
Author
Discussion

Melv

Original Poster:

4,708 posts

288 months

Sunday 4th December 2005
quotequote all
....with separate pension scheme.

Do I have to pay NI?

Rgds
Mel

smartie

2,622 posts

296 months

Sunday 4th December 2005
quotequote all
yes.

class 2 at £2 (ish) per week and class 4 included in your tax bill.

Unless your profits are very low of course (under £4K ish)

Eric Mc

124,764 posts

288 months

Sunday 4th December 2005
quotequote all
Quite correct.

If you are running your business through your own limited company you pay Class 1 National Insurance (Employee's and Employer's) on your director's salary. If you pay yourself by means of dividends, you do not pay ANY NI.