Finding your National Insurance number

Finding your National Insurance number

by | Jan 9, 2025 | National Insurance

Misplaced your National Insurance number? Do not worry! From checking payslips to using the HMRC app, there are many ways to recover it. If all else fails, you can request it via post. Here is everything you need to know to locate or apply for your NI number....
Apply for or locate a National Insurance number

Apply for or locate a National Insurance number

by | Dec 5, 2024 | National Insurance

If you have lost or forgotten your National Insurance number, there are several ways to retrieve it. You can find your National Insurance number: On a document you already possess, such as a P60, payslip, or letters regarding benefits. In your personal tax account. In...
Autumn Budget 2024 – NIC changes

Autumn Budget 2024 – NIC changes

by | Oct 31, 2024 | National Insurance

As had been widely predicted, the Chancellor announced increases to the rate of National Insurance contributions (NICs) that are paid by employers. The main rate of secondary Class 1 NICs will increase by 1.2% to 15% (from 13.8%) effective from 6 April 2025. The Class...
Boosting your State Pension

Boosting your State Pension

by | Oct 17, 2024 | National Insurance

HMRC has issued a new press release reminding readers of a limited-time opportunity to enhance their State Pension. Currently, there is an opportunity for affected individuals to address gaps in their National Insurance Contributions (NICs) for tax years between April...
Class 4 National Insurance payments

Class 4 National Insurance payments

by | Oct 17, 2024 | National Insurance

Self-employed individuals are usually required to pay Class 4 National Insurance contributions (NICs) if their annual profits exceed £12,570. For the 2024-25 tax year, Class 4 NIC rates are set at 6% (down from 9% in 2023-24) on profits between £12,570 and...