Good Afternoon guys
Can someone just confirm or correct my understanding of the following.
When earnings exceed the secondary threshold of £136 weekly then NICs become payable by the employer.
So anything between the LEL of £102-£136 this amount, the director retains his right for benefits, such as State Pension and Jobseeker’s Allowance.
Many thanks in advance
Directors wage
2 posts • Page 1 of 1
Directors wage
by jaskhan on Fri Jul 01, 2011 12:46 pm
- jaskhan
- Posts: 26
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Re: Directors wage
by Derekm on Mon Jul 04, 2011 12:35 pm
See here
www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/WorkingAndPayingTax/DG_10016783
Derek
www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/WorkingAndPayingTax/DG_10016783
Derek
- Derekm
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2 posts • Page 1 of 1
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