Samantha Mann Policy & Research Officer for the Institute of Payroll and Pensions Management considers some of the practical problems faced by payroll departments when dealing with NICs
In considering the practical issues in relation to NICs that affect and perplex the average payroll manager we have plenty of material. As the thorny subject of directors is being dealt with under a separate article in this special edition (see Peter Arrowsmith's article on p 13) this leaves me free to look at one or two other topics that regularly trip up employers not to mention the affected employee!
At the risk of stating the obvious we need to begin by understanding the fundamentals of the differing earnings periods for tax and NICs.
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Samantha Mann Policy & Research Officer for the Institute of Payroll and Pensions Management considers some of the practical problems faced by payroll departments when dealing with NICs
In considering the practical issues in relation to NICs that affect and perplex the average payroll manager we have plenty of material. As the thorny subject of directors is being dealt with under a separate article in this special edition (see Peter Arrowsmith's article on p 13) this leaves me free to look at one or two other topics that regularly trip up employers not to mention the affected employee!
At the risk of stating the obvious we need to begin by understanding the fundamentals of the differing earnings periods for tax and NICs.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
