Ni Calculation For Directors
Ni Calculation For Directors . Use this ni calculation uk formula: Work out any national insurance due using payroll software. Director NI Calculation Issue in Final Period of the Tax Year IRIS from www.iris.co.uk When an employee became a director in a previous pay period you must do the following: A cumulative ni calculation must still be done at the end of the tax year, to ensure the correct national insurance contributions have been deducted and paid. Xero calculates a director’s ni in accordance with hmrc’s ca44: