how to setup national insurance on paye?

[pete12345]

Hi,

I've just changed from a sole-trader to a limited company, I have now ceased my self-employed ni contributions and need to know how to setup the new payments?

I have setup direct-debit for my wages, how do I calculate ni and setup regular monthly payments?

Thanks in advance..

[gouldie0]

Hi Pete,

Are you using any software when calculating your payroll?

Kind Regards

Neil

[pete12345]

Nope, its just me (as the director) I have no employees..

[elainec100@cheapaccounting]

OK have a read of this:

salary v dividends:

http://www.franklyaccounts.co.uk/fivesalary.php

Did you get advice when you changed from sole to limited?

Your accountant should help you get set up as am employer and agree the salary level for you based upon your circs.

[pete12345]

OK have a read of this:

salary v dividends:

http://www.franklyaccounts.co.uk/fivesalary.php

Did you get advice when you changed from sole to limited?

Your accountant should help you get set up as am employer and agree the salary level for you based upon your circs.

Thanks for the helpful advice, I'll contact my accountant..