Directors National Insurance
Directors of companies fall under unique regulations when it comes to National Insurance Contributions (NICs). Unlike standard employees, their income is assessed differently due to historic rules aimed at preventing the avoidance of paying National Insurance.
In this interactive webinar, we’ll dive into these special rules for Directors’ Class 1 NICs, helping you understand their implications.
Live webinar
English
1 hour
£ 100
* discount for SD Worx customers (will be calculated in the next steps)Goal
By the end of this webinar, you will have:
- A thorough understanding of the complexities of Directors’ NICs and how they are managed in the SD Worx pay solution
- A solid grasp of the concept of the annual earnings period
- Clarity on the alternate method and how it applies to mid-year appointments
- Clarity on what happens when a director leaves or transitions to an employee role
Target audience
- Payroll professionals
- HR professionals
- Business professionals
- Employers with directors who are being paid
Approach
This live, one-hour webinar includes a Q&A session, allowing you to interact directly with SD Worx experts and get answers to any specific questions you may have.
Programme
- Introduction
- What do we mean by 'Director'
- The history of why they are treated differently
- The Annual period
- Mid-year start to directorship
- The contributions bounce
- What happens when a director leaves
- The alternate method
- Just like an employee
- The last payment or last payment in the tax year
- Reverting back to annual
- If only we knew - what to do if notified late
- Q&A
Practical information
Price
£ 100 Prices excluding VAT.Info
Price
£ 100 Prices excluding VAT.No available dates?
No dates available, you can't make any of the dates, or the sessions are full? Register your interest below and we will contact you as soon as we have a date available! Registering your interest is free of charge and without any obligation.
