If you have more than one employment or are employed and self employed? You could be due a refund of some of your National Insurance Contributions.
If you combined income is over the upper threshold of £50,270 then it would be worthwhile checking what you have paid. The overpayment occurs because National Insurance is calculated on a stand alone method for each employment. This means you could being paying the main rate rather than the upper rate on some of your income over the upper threshold.
The calculations are not straight forward but nonetheless worth the effort to look after those pennies!
Post articles and opinions on Manchester Professionals
to attract new clients and referrals. Feature in newsletters.
Join for free today and upload your articles for new contacts to read and enquire further.
