Factsheet
7: Employer Information #2
STAFF, TAX & NATIONAL INSURANCE CONTRIBUTIONS
If you
choose to employ your own personal assistants, you need to decide whether to be
responsible for PAYE yourself, or to request the Rowan Salary Service to
provide this service on your behalf (see Factsheet 14).
If you
choose to be personally responsible, you need to first register with the Inland
Revenue as a new employer, and they will send you all the relevant information
and forms. Contact the special Registration Helpline on 0845 6070143. For other
guidance, there is an Employers Helpline 08457 143143, or enquire at your designated tax office.
·
You need your new
employee’s tax code which should be on their
P45. If this is not available,
contact your tax office for a code to use. The tax code tells you how much they
can earn each year without paying tax. It is possible that your personal
assistant will not be liable for tax if they do not earn enough.
·
If your employees
are liable to pay tax, as their employer you will probably forward their
deductions to the Collections Agency by monthly or quarterly installments.
Use the tax tables to find out how
much your assistants have to pay.
·
National
Insurance Contributions (NIC's) are made up of an employees contribution taken
from their wages and a contribution from the employer. You will also be given
tables to work this out. Your personal assistant might not be liable for this
either. The level of earnings above which NIC's are due changes periodically
and is normally announced in the Chancellors budget.
If your payments to the tax office are less than a
certain amount per month, you can send them quarterly. This includes all tax
and National Insurance contributions.