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HomeHomeSupportSupportCalculationsCalculationsWhy are my NI calculations wrong?Why are my NI calculations wrong?
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06/08/2008 18:42
 

There are two different methods for calculating NI. Manual tables, or the "exact percentage method". 12Pay follows the HMRC recommendation for payroll software and uses the "exact percentage method". You can validate 12Pay's answers at this HMRC web page:

http://nicecalculator.hmrc.gov.uk/Class1NICs1.aspx


Please note also that directors have their NI calculated against annual limits using their cumulative pay.

 
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HomeHomeSupportSupportCalculationsCalculationsWhy are my NI calculations wrong?Why are my NI calculations wrong?


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