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Employers PAYE P14 NI on Low Earnings

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    Employers PAYE P14 NI on Low Earnings

    If your a sole Director of a Ltd Co and have only earned £3k salary during the year, in terms of the P14:
    What letter should be inserted with regard the NIC table........should this be A or X?
    If it is X should you insert the actual amount i.e. £3k or just leave blank in question 1a?

    Any help would be great!

    Thanks

    #2
    Originally posted by happydays1 View Post
    If your a sole Director of a Ltd Co and have only earned £3k salary during the year, in terms of the P14:
    What letter should be inserted with regard the NIC table........should this be A or X?
    If it is X should you insert the actual amount i.e. £3k or just leave blank in question 1a?

    Any help would be great!

    Thanks
    Hi there

    As the income is below the NIC thresholds for the year, Table A will be fine.

    Kind regards
    Alex

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