This calculator reassesses the National Insurance contributions (NICs) for a company director using an Annual Earnings Period at the end of the financial year, or during the year, if the directorship ends. If the director is appointed part way through the year the Annual Earnings Period check is calculated on a pro-rata basis from the week in which he or she was appointed.
Further information can also be found in helpbook CA44 'National Insurance for Company Directors.
If you are an employer operating PAYE in real time you are no longer:
Instead you should be using software that is capable of filing payroll information online.
This reassessment should only be carried out when the final payment is being made to the director at the end of the tax year, and only during the year if the directorship ends. It will not perform any other in-year assessments.
If you encounter any problems using the calculator please let us know by using our feedback form and selecting one of the options from the list to provide feedback.