How to calculate ni contribution

how to calculate ni contribution

National Insurance calculator

Mar 30, †Ј You can use our calculator below to work out how your NI contributions will be in the current tax year. Alternatively, to find out how your bill is calculated, see our guide to National Insurance rates. This calculator has been updated for the tax year. Use the 'Tax year' dropdown to see how much you'll get from 6 April To use our Employer National Insurance Calculator simply enter your annual salary, enter the fixed annual bonus, and enter the percentage annual bonus. Employer National Insurance Contributions Calculator (/21 Tax Year) Annual Salary, ?: Fixed Annual Bonus, ?: Percentage Annual Bonus: %.

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Thread starter bobzy20 Start date Jun 20, Tags earn insurance national pay week. Joined Feb 5, Messages 28 Office Version Any help would be great. Thanks Bob. Last edited: Jun 20, Some videos you may like. Excel Facts. Difference between two dates. Click here to reveal answer. Secret function! Just a different method using the figures from post number 1. Last edited: Feb 4, You must log in or register to reply here.

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National Insurance breakdown. You pay no NI contributions on the first ?9, that you make. You will need to pay Class 2 NI worth ? You will also have to pay ?3, (9%) on your income between ?9, and ?49, Feb 04, †Ј I'm looking to get help creating a National Insurance Formula which is based on the factors below: you pay National Insurance contributions if you earn more than ? a week. you pay 12% of your earnings above this limit and up to ? a week. the rate drops to 2% of your earnings over ? a week. For example, if you earn ?1, a week, you pay: nothing on the first ?

We use cookies to allow us and selected partners to improve your experience and our advertising. By continuing to browse you consent to our use of cookies. You can understand more and change your cookies preferences here. You can use our calculator below to work out how your NI contributions will be in the current tax year.

Alternatively, to find out how your bill is calculated, see our guide to National Insurance rates. This calculator has been updated for the tax year. Use the 'Tax year' dropdown to see how much you'll get from 6 April Our guide to National Insurance rates sets out the full rates and thresholds.

If you're an employee, National Insurance will be deducted from your salary before you receive it, along with any income tax. You can work out your deductions with our income tax calculator. To get a head-start on your tax return, use the Which? Financial Services Limited. Financial Services Limited is a wholly-owned subsidiary of Which?

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Limited on behalf of Which? Tax calculators. National Insurance calculator Income tax calculator Council tax calculator Pension lump sum withdrawal tax calculator Dividend tax calculator Child benefit calculator Inheritance tax calculator All 7 calculators. The amount you pay will vary depending on your income and employment status. Continue calculating. Income tax calculator. Council tax calculator. Pension lump sum withdrawal tax calculator. Dividend tax calculator. All 7 calculators. Latest tax news.

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