伊人直播

Mr Richards is an employee in contracted-out employment with earnings of 拢3,000 per month. He is employed for the whole of the 2012 to 2013 tax year and in March 2013 receives his annual bonus of 拢12000.

From April 2020 to February 2013 the following primary Class 1 NICs will be due:

Earnings on which the main primary percentage is payable:

拢3000 (monthly earnings) less 拢634 (monthly PT) = 拢2366

拢2366 x 12% (main primary percentage) = 拢283.92

less NIC rebate

拢3000 (Monthly earnings) less 拢464 (Lower Earnings Limit) = 拢2536

拢2536 x 1.4% (NIC rebate) = 拢35.50

Total primary payable from April to February = 拢2732.62 ((283.92 - 35.50) x 11)

In March the following primary NICs will be due:

Earnings on which the main primary percentage is payable:

拢3540 (monthly UEL) less 拢634 (monthly PT) = 拢2906

拢2906 x 12% (main primary percentage) = 拢348.72

Earnings on which the additional primary percentage is payable:

拢15,000 (total earnings) less 拢3540 (monthly UEL) = 拢11460

拢11460 x 2% (additional primary percentage) = 拢229.20

Earnings on which the NIC rebate is due:

拢3337 (upper accrual point) less 拢464 (monthly LEL) = 拢2873

拢2873 x 1.4% (NIC rebate) = 拢40.22

Total primary payable for March = 拢537.70 (that is 拢348.72 + 拢229.20 - 40.22)

Total primary payable for 2012 to 2013 tax year = 拢3270.32 (that is 拢2732.62 + 拢537.70)

For the 2012 to 2013 tax year, Mr Richards will have paid:

• main primary NICs amounting to 拢3471.84 (that is, 拢3123.12 + 拢348.72)
• less NIC rebate amounting to 拢430.72
• additional primary NICs amounting to 拢229.20

See NIM01221 for general information relating to this example.