Deadline to fill gaps in NIC records for 2006/07 onwards extended to 5 April 2025
The deadline for eligible individuals retrospectively to fill gaps in their national insurance contributions (NIC) record for the period from April 2006 to April 2016 is being further put back to 5 April 2025.
TAXbite: Check your NIC record!
An introduction to checking your national insurance contributions.
TAXguide 01/23: Payroll rates, allowances and thresholds in 2023/24
PAYE rates, thresholds, allowances, etc for employers in 2023/24 covering income tax, NIC, reliefs and levies, statutory payments, pensions, student loans, NMW/NLW rates and car/van/fuel BIK.
TAXguide 18/21: PAYE and BIK payments to HMRC
Tax Faculty guidance for employers to help ensure that payments to HMRC are allocated to the right place in HMRC’s ledgers.
Practical guidance
ICAEW's Tax Faculty produces TAXguides to provide practical support on technical areas of tax.
Exclusive
TAXguide 04/24: The cash basis for trades: Q&As
- Technical release
- 08 May 2024
ICAEW's Tax Faculty hosted a webinar on 18 April 2024 explaining the cash basis for the self-employed, including the changes that apply from the 2024/25 tax year. Answers to questions asked during the webinar are provided in this TAXguide.
TAXguide 03/24: Payroll rates, allowances and thresholds in 2024/25
- Technical release
- 08 Apr 2024
PAYE rates, thresholds, allowances, etc for employers in 2024/25 covering income tax, NIC, reliefs and levies, statutory payments, pensions, student loans, NMW/NLW rates and car/van/fuel BIK.
Exclusive
TAXguide 04/23: Payroll and rewards update 2023 – Q&A
- Technical release
- 03 Jul 2023
ICAEW's Tax Faculty hosted a payroll and rewards webinar on 16 April 2023. This TAXguide shares to the answers raised at that webinar covering topics such as rates, thresholds, payroll, P11Ds, pension contributions and residence.
TAXguide 01/23: Payroll rates, allowances and thresholds in 2023/24
- Technical release
- 05 Apr 2023
PAYE rates, thresholds, allowances, etc for employers in 2023/24 covering income tax, NIC, reliefs and levies, statutory payments, pensions, student loans, NMW/NLW rates and car/van/fuel BIK.
TAXguide 01/22: Payroll rates, allowances and thresholds in 2022/23
- Technical release
- 02 Mar 2022
PAYE rates, thresholds, allowances, etc for employers in 2022/23 covering income tax, NIC, reliefs and levies, statutory payments, pensions, student loans, NMW/NLW rates and car/van/fuel BIK
TAXguide 19/21 Off-payroll working: cross-border issues
- Technical release
- 03 Dec 2021
Off-payroll working: guidance on clients’ off-payroll working obligations when a contractor works through an intermediary such as a personal service company across borders and/or some of the parties (client, contractor, contractor’s personal service company) are non-UK resident and/or the work is not wholly carried out in the UK, how the ‘host employer’ rules in s689 ITEPA 2003 interact, and the impact of double tax treaties.
Features and articles
Exclusive
What are the managed service company rules?
- Article
- 01 Nov 2024
In the first of two articles exploring the managed service company rules, David Kirk looks at the definition of an MSC and explains the consequences of falling within the scope of the rules.
Technical round-up: October 2024
- Article
- 31 Oct 2024
This month’s top stories feature eight Budget updates covered by ICAEW’s Tax Faculty, a list of software products that are now ready for MTD ITSA, and new VAT guidance for private schools.
Budget 2024 verdict: big and bold, but borne by business
- Article
- 31 Oct 2024
Chancellor Rachel Reeves focused on delivering economic stability with her wide-ranging first Budget – but short-term tax raising measures worth £40bn fall primarily on the shoulders of business.
National insurance increases for employers announced in Budget
- Article
- 30 Oct 2024
From April 2025, employers will pay national insurance contributions (NIC) on an employee’s earnings above £5,000 at the rate of 15%. The employment allowance will be increased to £10,500 per year to help smaller businesses.
Webinars and recordings
Payroll and rewards 2024 webinar slides
- Webinar
- 12 Apr 2024
- PDF (1,677kb)
Slides accompanying the Tax Faculty Payroll and Rewards webinar, broadcast on 10 April 2024.
Exclusive
Payroll and Rewards Update 2023
- Webinar
- 16 May 2023
This webinar from the Tax Faculty covers recent and upcoming changes in Payroll, Rewards and Employment taxes.
Tax in Practice - April 2023
- Webinar
- 26 Apr 2023
Join the Small Practitioners Community, ICAEW Tax Faculty and guest speaker Rebecca Benneyworth as they talk about HMRC service performance and ADL restrictions, MTD ITSA small business review, change to HMRC digital services, tax consultations and more.
Exclusive
Employment taxes update 2022
- Webinar
- 26 Jan 2022
In this webinar from the Tax Faculty, employment tax experts Kate Upcraft and Ian Holloway provide an update on the key changes in the employment tax arena for 2022.
Thought leadership
Hypothecation of taxes – a cure to austerity?
- Thought leadership report
- 25 Jan 2018
Is hypothecation - assigning particular tax revenues to a specific public policy goal - a good thing? Read Ian Young's article presenting the facts and then decide.
Hard choices for national insurance
- Thought leadership report
- 21 Aug 2015
How can we more closely align income tax and NIC, and why is this important?
TAXline
- Journal
- 12 Jan 2023
TAXline is the monthly newsletter of practical insights and articles for Tax Faculty members. All ICAEW members can access the most recent TAXline content from the faculty on our online hub, organised by subject area.
Markel Tax FAQs
Questions and answers on UK tax issues and trends provided by Markel Tax, for eligible members.
Exclusive
How end of class 2 NIC rate will affect self-employed people paying voluntary contributions
- Helpsheets and support
- 07 Feb 2024
FAQ on whether a self-employed client who has paid voluntary class 2 NIC, to get access to contributory benefits and state pension credit, must pay the higher Class 3 NIC voluntary rates when class 2 is abolished in April 24.
Exclusive
NIC rate reduction
- Helpsheets and support
- 04 Jan 2024
FAQ on the January 2024 reduction in the rate of National Insurance Contributions (NIC).
Exclusive
Written-off directors’ loans and NIC
- Helpsheets and support
- 06 Feb 2023
FAQ about whether a client becomes liable to Class 1 National Insurance Contributions (NIC) on the write-off of a loan or advance to a participator.
Exclusive
New NIC threshold - July 2022
- Helpsheets and support
- 07 Jul 2022
FAQ on whether that it is correct that payroll software is applying the new NIC threshold to a June 2022 salary payment, event though the new thresholds are not meant to apply until 6 July 2022.
Terms of use
Markel Tax FAQs are correct at the time of going to press. To check current validity, please call the ICAEW Tax and VAT Helpline.
Bloomsbury Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.
Exclusive
Bloomsbury Professional Tax Guide 2024/25
- eBook
- 2024
- The TACS Partnership
- Bloomsbury Professional Tax Guide
Comprehensive practical guide on the full range of UK taxes, containing worked examples throughout.
Exclusive
Bloomsbury's tax rates and tables 2024/25: Finance (No. 2) Act Edition
- eBook
- 2024
- Lucy Webb
Tax rates and tables updated to reflect measures passed in the Finance (No 2) Act 2024.
Exclusive
Remuneration strategies
- eBook chapter
- 2024
- Peter Rayney
- Tax Planning for Family and Owner-managed Companies
Chapter containing advice on remuneration strategies and tax planning, written for anyone who advises or runs a family or owner-managed company.
Exclusive
National insurance contributions 2024/25
- eBook
- 2024
- Sarah Bradford
Key information for practitioners, covering all classes of UK National Insurance contributions.
Exclusive
Class 2 National Insurance contributions
- eBook chapter
- 2024
- Sarah Bradford
A chapter on Class 2 National Insurance contributions — flat-rate contributions payable by the self-employed for 2023/24 and earlier tax years. Covers topics including exceptions, voluntary payment, special rates, the annual maximum, and planning points.
Exclusive
Class 4 National Insurance contributions
- eBook chapter
- 2024
- Sarah Bradford
A chapter on Class 4 National Insurance contributions, which are payable by the self-employed by reference to their profits. Covers topics including exceptions, computation, the annual maximum, special contributions, and planning points.
Exclusive
Self-employed workers and NICs
- eBook chapter
- 2024
- Ben Hancock, Sarah Bradford, Tim Kelsey, Alastair Kendrick
- Payroll Management
A short section summarising the NICs liability of self-employed workers. Includes illustrative examples.
Exclusive
PAYE procedures
- eBook chapter
- 2024
- Ben Hancock, Helen Hargreaves, Tim Kelsey, Mike Nicholas, Kate Upcraft, Val Woodland
- Payroll Management
A chapter outlining the pay as you earn (PAYE) system and related national insurance contribution (NIC) procedures.
Terms of use
You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.
eBooks
The Library & Information Service provides a collection of eBooks as a benefit of membership. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com.
Exclusive
National insurance contributions
- eBook chapter
- 2023
- Malcolm James
- Taxation of Small Businesses
Full chapter on NICs with sections on earnings period, aggregation, tax calculations, earners over pension age, and self-employment.
Exclusive
Vouchers and credit tokens exempt from income tax
- eBook chapter
- 2023
- Malcolm James
- Taxation of Small Businesses
Outlines the tax exemptions for vouchers and credit tokens offered to employees under the Income Tax (Earnings and Pensions) Act 2003. Includes both income tax and class 1 national insurance contributions.
Exclusive
Readily convertible assets
- eBook chapter
- 2023
- Malcolm James
- Taxation of Small Businesses
Explains how these assets are defined and valued under the Social Security (Contributions) Regulations 2001 and the Income Tax (Earnings and Pensions) Act 2003. This section is of particular relevance to payroll managers handling benefits in kind.
Exclusive
Employment and self-employment
- eBook chapter
- 2023
- Malcolm James
- Taxation of Small Businesses
This chapter outlines UK employment taxation as it functions in the UK, with particular relevance to small businesses. It includes sections on the definition of self-employment, agency workers, non-executive directors (NEDs), national insurance contributions and the taxation of intermediaries.
Exclusive
Provision of services through an intermediary: income tax
- eBook chapter
- 2023
- Malcolm James
- Taxation of Small Businesses
Provides an overview of the rules which apply in cases where services are provided for another person through an intermediary. Covers the legislative framework, calculation of and payment of tax on the deemed payment, national insurance, and cases involving multiple intermediaries.
Exclusive
Social security contributions
- eBook chapter
- 2023
- IBFD
- Global Individual Tax Handbook
A short section on social security contributions — also known as “national insurance contributions” (NICs) — in the UK. Covers each of the NIC classes.
Exclusive
National Insurance and state benefits
- eBook chapter
- 2023
- Telegraph Media Group
- The Telegraph Tax Guide
A chapter providing practical guidance on National Insurance Contributions (NICs) and associated considerations, aimed at the average taxpayer. The author gives tax saving tips, and illustrates points with real-world examples.
Exclusive
Pay as You Earn (PAYE) and collection of National Insurance contributions
- eBook chapter
- 2021
- Malcolm James
- UK Tax System - An Introduction
This chapter explains the principles and procedures of PAYE and NICs, including the penalties for late submission of documents or payments.
Terms of use
You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Articles and books in the ICAEW Library collection
The collection of the ICAEW Library & Information Service includes a range of articles, books and reports on national insurance. A selection of recent books on this topic is set out below.
Tolley's national insurance contributions, 2024-25
- Library book
- 2024
- R. Hendren (ed.)
- LexisNexis
An annual book summarising law and practice relating to National Insurance, bringing together all relevant legislation, case law and ancillary material. It is arranged by subject, with various aspects being covered in turn. Worked examples, as well as commentary in the form of notes, are included to clarify complex points.
Tolley's yellow tax handbook, 2024-25
- Library book
- 2024
- A. Redston (ed.)
- LexisNexis
Annual multi-volume work bringing together the fully amended and annotated text of all legislation and official material relating to income tax, capital gains tax, corporation tax, national insurance contributions, tax credits, petroleum revenue tax and inheritance tax. Includes footnotes indicating amendments to legislation, and cross-references to the HMRC Manuals.
National insurance contributions, 2024-25
- Library book
- 2024
- K. Speight
- Claritax Books
A practical, in-depth guide to National Insurance contributions, aimed at the professional adviser. All classes of NICs are covered in detail, key points are illustrated with practical examples, and most chapters end with a section on pitfalls and planning points.
Tolley's expatriate tax planning, 2024-25
- Library book
- 2024
- A. Sullivan
- LexisNexis
A practical guide to the income tax and NIC treatment of UK individuals working abroad and foreign nationals working in the UK. Planning tips and worked examples are included throughout.
Effective profit extraction from a company
- Library book
- 2024
- Tolley Tax Team
- LexisNexis
A Tax Digest exploring the factors that one ought to consider when choosing a profit extraction strategy. The authors consider both the immediate tax impacts of particular strategies, and their potential commercial, legal or long-term implications.
Tolley's tax computations, 2023-24
- Library book
- 2023
- Tolley's Editorial Team
- LexisNexis
An annual volume presenting over 500 up-to-date examples illustrating the practical operation of the main UK taxes, as well as national insurance contributions. Includes detailed explanatory notes with full references to relevant statutes and HMRC material.
Tolley's taxwise, 2023-24
- Library book
- 2023
- T. Agnew, et al.
- LexisNexis
An annual two-volume set offering practical expert guidance on how to approach real-world tax computations. Brings together relevant points from current legislation, case law and other official material. Worked examples and detailed explanatory notes are included to illustrate complex points.
Expatriate employees: social security contributions and benefits
- Library book
- 2021
- A. Sullivan
- LexisNexis
A brief digest examining the post-Brexit standing of expatriate employees with regard to social security contributions and benefits.
- View a list of all books in our collection on national insurance
- View a list of articles in our collection on national insurance
To find out how you can borrow books from the Library please see our guide to borrowing books.
You can obtain copies of articles or extracts of books and reports through our document supply service.
Representations
ICAEW REP 046/24 Freeport and Investment Zone Employer NIC reliefs reporting requirements
- Representation
- 15 May 2024
- PDF (237kb)
A representation dated 15 May 2024 to a consultation published by HMRC on 18 April 2024.
ICAEW REP 043/24 Improving data HMRC collects from customers: Draft legislation
- Representation
- 09 May 2024
- PDF (247kb)
A representation dated 9 May 2024 to a consultation published by HMRC on 14 March 2024.
ICAEW REP 020/24 Off payroll working offsets of tax NIC
- Representation
- 22 Feb 2024
- PDF (199kb)
A representation dated 22 February 2024 to a consultation published by HMRC on 25 January 2024.
ICAEW REP 081/23 Tackling umbrella company non-compliance
- Representation
- 30 Aug 2023
- PDF (318kb)
A representation dated 29 August 2023 to a consultation published by HM Treasury, HM Revenue & Customs and Department for Business & Trade on 6 June 2023.
Useful links
Some resources that we link to may pre-date the latest amendments to the relevant tax regulations. While these links contain useful information, please treat them with appropriate caution.
Check if you can claim National Insurance relief in UK Freeport tax sites
- Website
- 28 Feb 2022
- HMRC
Guidance on claiming relief from employer Class 1 National Insurance contributions when you employ someone in a UK Freeport tax site.
Check if you need to pay tax when you receive cryptoassets
- Website
- 19 Dec 2018
- HMRC
Guidance setting out the circumstances in which you need to pay Income Tax and National Insurance contributions when you receive cryptoassets from employment or mining.
National Insurance on GOV.UK
- Website
- 20 Jun 2018
- GOV.UK
Comprehensive hub linking to government guidance on National Insurance including rates and categories, National Insurance for the self-employed, and UK National Insurance for those working outside the UK.
Expenses and benefits: company vans and fuel
- Website
- 19 Jun 2018
- GOV.UK
Overview for employers on tax, National Insurance and reporting obligations for those providing company vans and fuel to employees. It covers exemptions, what to report and how to calculate value.
Expenses and benefits: A to Z
- Website
- 18 Jun 2018
- GOV.UK
Guidance on the tax, National Insurance and reporting obligations for employers providing expenses and taxable benefits to employees on a wide range of topics.
Expenses and benefits for employers
- Website
- 18 Jun 2018
- GOV.UK
Overview providing guidance on tax and National Insurance on expenses and employee benefits, covering the procedure for submitting a P11D form, deadlines, record keeping, and exemptions and dispensations.
Tax if you leave the UK to live abroad
- Website
- 13 Jun 2018
- GOV.UK
Guidance for UK taxpayers with links to forms and tax returns required by HMRC, plus information on tax refunds, UK income, and National Insurance.
Self-employed National Insurance rates
- Website
- 09 Mar 2018
- GOV.UK
Current rates for Class 2 and Class 4 National Insurance Contributions.
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