Will Your Payslip Include A Political Message?
HMRC has asked employers to print the reasoning behind the forthcoming National Insurance Contributions increase on workers’ payslips. The suggested wording is “1.25% uplift in NICs funds NHS, health and social care.” The request has resulted in an outcry with many people believing it is fundamentally wrong, unprecedented and improper for businesses to include political […]
Why am I paying employers’ NICs?
If you’re a contractor or agency worker, and have signed up to an umbrella company, you may be wondering why you’re paying employers’ national insurance contributions (NICs) on your earnings. The short and simple answer is you’re not paying an employers’ NIC. To understand why that’s the case, though, we have to dig a little […]