��ɫ��

Home / Simons-Taxes /Personal and employment tax /Part E4 Employment income /Division E4.12 Ensuring engagement packages are effective and compliant for tax and NIC purposes /Tax and NIC aspects of the engagement contract / E4.1206 National Insurance contributions aspects of the engagement

E4.1206 National Insurance contributions aspects of the engagement

Personal and employment tax

Employed or self-employed NICs

As regards National Insurance contributions liability, perhaps the key point is to establish the individual's employment status correctly (see E4.205) . This should recognise that the maximum Class 2 and Class 4 contributions payable in any tax year on the profits of a self-employed person are lower than the employee Class 1 contributions due on the same amount of employment earnings, ie for earnings up to the Class 1 upper earnings limit. See T8.101 for details of

View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial

TAKE A FREE TRIAL

D6.503 International movement of capital—reportable transactions and events

D1.8101 Groups of companies

B4.130 Summary of OECD guidelines on arm's length principle

C3.1814A CGT exempt assets—qualifying corporate bonds (QCB)

A1.810 Limitation

A4.557 Late filing penalties—company tax returns

E5.406 Employees of European Union delegations—tax exemptions

B5.820 Charity's profits of trade—general liability to income tax

D6.618 Capital treatment on a purchase of own shares—HMRC advance clearance and reporting obligations

E4.1118 Calculation and payment of tax due on retrospective income

C2.1168 Property rich collective investment vehicles—ceasing to meet the exemption election requirements

C3.305 Rollover relief—time limit for acquisition of replacement assets

D1.404B Large company definition for R&D tax relief

B3.1006 The relevant interest

E6.324H Nominated income and gains and the ordering rules

I11.215 IHT accounts—excepted settlements

D4.104 Company residence and the case law test

E1.416 Dividends from non-UK resident companies—general

I5.1304 Beneficiary with contingent interest

E6.102K Statutory residence test—the definition of a 'home'

��ɫ��