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National Insurance
National insurance is payable on most income and benefits from employment. It is deducted at source by the employer. Most employees will pay a Class 1 national insurance contribution. The self-employed pay two classes of national insurance. On occasions (such as when going to work abroad) it may be beneficial to pay a national insurance contribution voluntarily and we can advise on this if required.
Special conditions apply if you are above retirement age.
To individuals
- Income Tax
- National Insurance
- Capital Gains Tax (CGT)
- Inheritance Tax (IHT)
- Payment of tax
- Tax Enquiries
- Wills and estate planning
To sole traders
- Starting to trade
- Business names and trading style
- Notifying the Inland Revenue
- Registering for VAT
- Tax and National Insurance
- Taking on employees
- Books and records
- Bank accounts
To partnerships
- What is a partnership?
- Starting to trade
- Business names and trading style
- Notifying the Inland Revenue
- Registering for VAT
- Tax and National Insurance
- Taking on employees
- Books and records
- Bank accounts
To limited companies
- What is a Limited Company?
- Starting to trade
- Business names and trading style
- Notifying the Inland Revenue
- Registering for VAT
- Taking on employees
- Books and records
- Bank accounts
- Other considerations
- Salaries vs Dividends
- Audit
- Ceasing to trade
- Buying and selling the business or company
- Passing the company on

