Ver 3 Nov 08
 
 
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Deductions from pay

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National insurance is paid by almost everyone who earns money. To ensure fair contributions are made there are a variety of classes each with it's own specific use and rates.
Every employer employing five or more should make available a stakeholder pension scheme if requested. Stakeholder pensions have regulations to limit the charges that pension providers can make.
If instructed, and employer must make student loan deductions from an employees wage on behalf of The Student Loan Company. Failure to make the deduction is an offence.
This years tax rates, thresholds and allowances and the current NI rates and thresholds. These change every April and May.
Previous years tax rates, thresholds and allowances and the current NI rates and thresholds. All the rates since 2000.


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