National Insurance Employers
📣 for
Businesses
Accountants
Book keepers
Payroll advisors
Ideal salary for the tax year 24-25 for a Director with no employees was £758.33 per month, which, was ⬇️ Tax/Ni EE/Ni E’r
However, the Government have altered some thresholds and the new amount is £542 per month, which is ⬇️ Tax/NI EE/Ni E’r for the current Tax Year 25-26
Rather than pay yourself a low monthly salary to save National Insurance Employer
It would be advisable to have basic salary of £1,047.50 where
Tax ❌ 🟰 £0
National insurance employee ❌ 🟰 £0
National insurance employer ✅ 🟰 £1,885.50 for the year
National E’r is allowable ✅ as an expense to reduce profit and corporation tax
The saving on Corporation Tax @ 19%🟰 £2,388.30, which could be higher if the Business profit is subject to either
Corporation Tax with Marginal Relief
Or
Highest rate of business profit ⬆️ £250,000
Of course if a business has either
2 Directors
Or
1 Director & 1️⃣ employee
Then the business can claim the Employment Allowance up to £10,500 to offset against any National Insurance Employer
If you are unsure 🧐 or would like to discuss your Payroll in more detail
Please feel free to reach out
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