national insurance Archives - Ronzl Accountant

06 Jul 19

WHY IS IMPORTANT I HAVE NATIONAL INSURANCE CONTRIBUTIONS?

Ronzl Accountants
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National Insurance in the UK. Contributing to National insurance is another form of tax paid by individuals earning income in the UK. National insurance is the second-largest source of income for the UK. Who pays National Insurance? Every individual that is between age 16 and state pension age. They must also be earning income over […]

04 Dec 17

TRIVIAL BENEFITS TO EMPLOYEES

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Savings on trivial benefits The trivial benefit was first introduced in April 2016. It was introduced to encourage employers to give employees benefits without incurring income tax and national insurance on the cost of this benefit. Cost of the benefit to the employers or another organization providing the benefit on behalf of the company must […]