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National insurance contributions-maximum level

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › National insurance contributions-maximum level

  • This topic has 1 reply, 2 voices, and was last updated 14 years ago by AvatarTax Tutor.
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    Posts
  • April 26, 2011 at 4:29 am #48226
    Avatarolgaz
    Member
    • Topics: 5
    • Replies: 0
    • ☆

    Dear Sir or Madam,
    I have question concerning NIC. If a person receives very big salary, his NIC rate will stay the same, or there is such maximum NIC amount transferred, so when reached that level no need to pay NIC more in the currecnt tax year?
    I am asking that because in my country we have such level..

    May 8, 2011 at 7:08 pm #81205
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    There is no maximum as above £43875 the rate is 1%
    Remember this site is for F6 UK tax
    Hope this helps

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