Employers NI question

[crystaltash]

Hi guys,
Just a quick tax question - when you are putting an employee throught PAYE - there are 2 National Insurance payments that show up on the P11 form - employers NI and employees NI. I know the employees NI contributions comes off their gross pay, but what about the employers NI - is it something we pay independently out of our own pocket?
Thanks guys.

 

[SJK]

Yes it is. Employees pay employees NI and employers pay the employers NI on the employees pay.

 

[salonworldwide]

Yes it is. Employees pay employees NI and employers pay the employers NI on the employees pay.

Shocking isn't it? I wish I'd read the small print before starting my own business!! Lol