Dear NI Forum
Employer has verbally said I am doing something wrong by submitting my timesheets when I decide, as it reduces the NI I pay, saying I should submit the timesheets in the week I work. Is there anything wrong as far as HMRC is concerned with me submitting timesheets when I decide?
I am paid weekly therefore the NI Earnings Threshold/ET is £110 a week.
I am only paid for work when I submit the timesheets
I have no contracted hours, but work when I decide/the employer wants me
My hourly rate contains element for holiday pay, so I don’t get separate holiday pay.
I am aware of benefits of paying/being awarded NI credits.
My NI contribution letter is A
Example
In week one I worked 2 days earning £100 a day
I complete a separate timesheet for day one and two
At the end of the week I submit only one timesheet I therefore pay no NI on that weeks £100 pay.
In week two I am on holiday, but post in the timesheet for day two I therefore pay no NI on that weeks £100 of pay.
Therefore In this example I have saved paying NI on 11% of £90 that is £9.90 of NI, by not submitting both timesheets in week one.
The employer is saying I should not hold onto timesheets and submitting them when I want.
Iain
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