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Bob is an employee of Dibbit Ltd and is paid an annual salary of £50000.He makes contributions of £3000 into the company’s occupational pension scheme each year.
In the tax year 2014/2015 he drove 12000 business miles in his own car for which he was paid 50 p per mile by Dibbit ltd
How much employer’s class 1 NICs is Dibbit Ltd required to pay in respect of Bob’s earnings and refunded mileage for the tax year 2015/16?
answer
class 1 secondary NIC £
(50600-£8112)*13.8%=£5863
w:EARNINGS liable to class 1 NIC
SALARY 50000
EXCESS MILEAGE ALLOWANCE 50000*(50p-45p)=600
50600
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