The NICs regime divides income into different classes: Class contributions are payable on earnings from employment, while the profits of the self - employed are. Class National Insurance is paid by anyone with self - employed earnings over. You do not have to pay Class contributions if you are over state pension age. Class contributions are paid at a flat rate of £3/week (for 2019/20) by self - employed.
![Do i pay national insurance self employed Do i pay national insurance self employed](https://www.moneywise.co.uk/sites/default/files/styles/thumbnail/public/images/articles/scam-watch-binary-options-web.jpg?itok=2wuRI7GI)
All self - employed persons are required by law to be registered with the NIS and to pay contributions. The contributions rate for a self - employed person is of . Some self - employed people do not pay National Insurance through Self Assessment, but may want to pay voluntary contributions. These are: examiners,.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.