NIM11028 - Calculating & recording Class earnings, NICs and NIC rebates - Class 1 NICs: 2002/03: General

NIM11023 gives details on the completion of form P11 for the 2001/02 tax year.

Although for the 2002/03 tax year the earnings limits, thresholds and percentage rates

have all changed, the method of calculation and recording and reporting requirements

remain the same as for the 2001/02 tax year.

For examples showing completion of the P11 for the 2001/02 tax year for:

• not contracted-out employment, see NIM11024
• contracted-out salary related (COSR) scheme, see NIM11025
• contracted-out money purchase (COMP) scheme, see NIM11026.