When Employees Pay Less than the NIC Certificate

cpd
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When Employees Pay Less than the NIC Course

Arrangements for pension-related salary sacrifice have become common over the years. They benefit employers and employees alike; however, certain measures should be taken into account when making the arrangements for protection. Bonus or salary sacrifice arrangements changed in April 2017. However, arrangements related to pensions and related advice, cycle-to-work and childcare under employer support were exempt from the changes.

This course covers salary sacrifices associated with pension contributions. Firstly, we define the term salary sacrifice and illustrate how it works.

The course states various tax-exempted benefits that can also be used with the arrangement.

Next, it explains in detail how salary sacrifice can benefit both employers and employees. It also covers how the arrangement can impact other employee benefits.

The course goes on to explain the role of employee agreement or consent in salary sacrifice. It explains the role of the employer and employee in implementing salary sacrifice and what usually happens. The role of HMRC and pension scheme trustees are also covered.

Finally, we provide information on defined contribution and personal pension and how it can be used with the arrangement.

You Will Learn:

  • The meaning of salary sacrifice
  • The benefits of salary sacrifice to employers
  • The benefit of salary sacrifice to employees
  • How salary sacrifice affects other employee benefits
  • The role of employers and employees in the agreement
  • The support that HMRC and pension scheme trustees provide
  • How defined contribution and personal pension are used with the arrangement

Benefits of Taking the Course:

    Taking this course will help you understand:
  • Salary sacrifice: what it is and what is used for
  • How employers and employees benefit from salary sacrifice
  • How you can benefit from salary sacrifice
  • How employees pay less than the NIC
  • How you can reduce PAYE tax or benefit from tax relief
  • The role that HMRC and pension scheme trustees play in salary sacrifice
Call

24/7 Customer Support

certificate

End of course certification

electronic

Compatible with all modern devices

forever

Lifetime access to your course

ID: YDFT67YHJ
certificate

of achievement

This certificate is presented to

Your Name

NSA

For completing the

When Employees Pay Less than the NIC Certificate

on 21st November 2021

Selena Hurford

Selena Hurford

Course Tutor

cpd

Daniel Morgan

Daniel Morgan

Head of Academy

Certificate Example

Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.

The course is broken down into 1 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.

You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!

Once you have completed all 1 modules there is a multiple choice test. The questions will be on a range of topics found within the 1 modules. The test, like the course, is online and can be taken a time and location of your choosing.

The pass mark for the test is 70%.

If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.

Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).

You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.

You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.

We estimate that the course will take about 0.75 hours to complete in total, plus an additional 30 minutes for the end of course test.

Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.

Really interesting and a good starting point for increasing my understanding and knowledge. Easy to access at any time, modules were nice and short so good bursts of information and easy to understand. I feel that I have gained knowledge that I can take forward within my current profession and apply my knowledge to get the best possible results for my organisation in all forms of media. Would recommend this course for anyone looking to start off in this career and looking to gain solid background information to take you forward. You have the flexibility to learn in your own time and take it at your own pace which is great when you are already working full time.

Sophie Graham

This course is really comprehensive - it covers so many topics and themes. I really thought that the way the course is set out is very easy to use. You have the option to print out the course work or work online and the end of module worksheets are great for ensuring that you understand everything by filling in the blanks, answering questions about the topic and so on, you can even revisit modules.
I have only needed to contact support once but the reply was quick and concise.
I am really enjoying the course and wouldn't hesitate to recommend it to anyone thinking of or already working in the Office Management field.

Anna Burns

I have always wanted to do hairdressing but never had the confidence. Since taking this course it has given me the chance I wanted and boosted my confidence.

There is lots of information and videos and you can always re-cap if needed.

Chris Peel

I loved every aspect of this online digital marketing course. The modules were well constructed and offered up a wealth of information on the subject.

I found myself learning many new things, such as the best practices for implementing an online marketing campaign, whether through social media, email marketing, or otherwise.

Passing this course has gone a long way to helping me with my online business routine.

I sought to improve my efforts at marketing my work and now, thanks to New Skills Academy, I’ve been able to. Thank you so much to New Skills Academy for this amazing course.

Daccari Mitchell

The course is full of interesting and useful information to know more about garden design and maintenance.

All the modules are easy to understand and gave me strong basics and confidence to start my own garden design business. Also I found the course very interactive, with images to illustrate the modules, garden design plans examples... so I could really visualise what was meant in each module.

Considering the online aspect, I found the website very easy to use and I appreciated the fact that I could keep a trace of my course by downloading the modules on my own laptop.

Laurie Bednarczuk

I've only just started this course but already the content layout and info are spot on. I was only going to do the 1st module the evening I got it but four hours later I had almost completed four! I just couldn't put it down. I have just finished an online aromatherpy course but the massage section was vague so this complements it perfectly I would recommend to anyone. I will be using this as a business but it's also perfect for people to learn for friends and family! So glad I found it. Thank you

Gemma Espejo-Degraph

Duration:
0.75 hours

Access:
Lifetime Access

Approved by:
CPD

Learning Type:


Text based modules  Images  Video learning 

Cost:
£20.00

0% Finance

When Employees Pay Less than the NIC Course

Arrangements for pension-related salary sacrifice have become common over the years. They benefit employers and employees alike; however, certain measures should be taken into account when making the arrangements for protection. Bonus or salary sacrifice arrangements changed in April 2017. However, arrangements related to pensions and related advice, cycle-to-work and childcare under employer support were exempt from the changes.

This course covers salary sacrifices associated with pension contributions. Firstly, we define the term salary sacrifice and illustrate how it works.

The course states various tax-exempted benefits that can also be used with the arrangement.

Next, it explains in detail how salary sacrifice can benefit both employers and employees. It also covers how the arrangement can impact other employee benefits.

The course goes on to explain the role of employee agreement or consent in salary sacrifice. It explains the role of the employer and employee in implementing salary sacrifice and what usually happens. The role of HMRC and pension scheme trustees are also covered.

Finally, we provide information on defined contribution and personal pension and how it can be used with the arrangement.

You Will Learn:

  • The meaning of salary sacrifice
  • The benefits of salary sacrifice to employers
  • The benefit of salary sacrifice to employees
  • How salary sacrifice affects other employee benefits
  • The role of employers and employees in the agreement
  • The support that HMRC and pension scheme trustees provide
  • How defined contribution and personal pension are used with the arrangement

Benefits of Taking the Course:

    Taking this course will help you understand:
  • Salary sacrifice: what it is and what is used for
  • How employers and employees benefit from salary sacrifice
  • How you can benefit from salary sacrifice
  • How employees pay less than the NIC
  • How you can reduce PAYE tax or benefit from tax relief
  • The role that HMRC and pension scheme trustees play in salary sacrifice
Call

24/7 Customer Support

certificate

End of course certification

electronic

Compatible with all modern devices

forever

Lifetime access to your course

ID: YDFT67YHJ
certificate

of achievement

This certificate is presented to

Your Name

NSA

For completing the

When Employees Pay Less than the NIC Certificate

on 21st November 2021

Selena Hurford

Selena Hurford

Course Tutor

cpd

Daniel Morgan

Daniel Morgan

Head of Academy

Certificate Example

Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.

The course is broken down into 1 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.

You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!

Once you have completed all 1 modules there is a multiple choice test. The questions will be on a range of topics found within the 1 modules. The test, like the course, is online and can be taken a time and location of your choosing.

The pass mark for the test is 70%.

If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.

Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).

You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.

You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.

We estimate that the course will take about 0.75 hours to complete in total, plus an additional 30 minutes for the end of course test.

Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.

Really interesting and a good starting point for increasing my understanding and knowledge. Easy to access at any time, modules were nice and short so good bursts of information and easy to understand. I feel that I have gained knowledge that I can take forward within my current profession and apply my knowledge to get the best possible results for my organisation in all forms of media. Would recommend this course for anyone looking to start off in this career and looking to gain solid background information to take you forward. You have the flexibility to learn in your own time and take it at your own pace which is great when you are already working full time.

Sophie Graham

This course is really comprehensive - it covers so many topics and themes. I really thought that the way the course is set out is very easy to use. You have the option to print out the course work or work online and the end of module worksheets are great for ensuring that you understand everything by filling in the blanks, answering questions about the topic and so on, you can even revisit modules.
I have only needed to contact support once but the reply was quick and concise.
I am really enjoying the course and wouldn't hesitate to recommend it to anyone thinking of or already working in the Office Management field.

Anna Burns

I have always wanted to do hairdressing but never had the confidence. Since taking this course it has given me the chance I wanted and boosted my confidence.

There is lots of information and videos and you can always re-cap if needed.

Chris Peel

I loved every aspect of this online digital marketing course. The modules were well constructed and offered up a wealth of information on the subject.

I found myself learning many new things, such as the best practices for implementing an online marketing campaign, whether through social media, email marketing, or otherwise.

Passing this course has gone a long way to helping me with my online business routine.

I sought to improve my efforts at marketing my work and now, thanks to New Skills Academy, I’ve been able to. Thank you so much to New Skills Academy for this amazing course.

Daccari Mitchell

The course is full of interesting and useful information to know more about garden design and maintenance.

All the modules are easy to understand and gave me strong basics and confidence to start my own garden design business. Also I found the course very interactive, with images to illustrate the modules, garden design plans examples... so I could really visualise what was meant in each module.

Considering the online aspect, I found the website very easy to use and I appreciated the fact that I could keep a trace of my course by downloading the modules on my own laptop.

Laurie Bednarczuk

I've only just started this course but already the content layout and info are spot on. I was only going to do the 1st module the evening I got it but four hours later I had almost completed four! I just couldn't put it down. I have just finished an online aromatherpy course but the massage section was vague so this complements it perfectly I would recommend to anyone. I will be using this as a business but it's also perfect for people to learn for friends and family! So glad I found it. Thank you

Gemma Espejo-Degraph

https://uk.trustpilot.com/review/newskillsacademy.co.uk
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