When Employees Pay Less than the NIC Certificate

Included as part of the unlimited membership
cpd
RRP $25.00 $7.50 BUY NOW

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

This course includes

24/7 Student Support

End of course certification

Lifetime access to your course

Compatible with modern devices

PLUS - Access to the exclusive New Skills Academy Study Group!
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 2024

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.

Amazing course, great for people that never have time to go to college or evening classes. So easy to complete online and step by step instructions to help you. Will definitely be doing another course after this.

I’m starting my own business and this course will help me get started as it states all the things I need to know and to be aware of. I can’t wait until I have completed this as this will be a new chapter in my life. You have no time limit on this course which is great as I have a very busy life but this course gives you no pressure.

Would recommend this to anyone.

Megan Atkins

I was extremely worried at first that it wouldn’t be what I want in a course but the course is honestly absolutely amazing! It’s made to be really enjoyable, fun and easy to complete and best of all in your own time.

I could not recommend New Skills Academy any more! It’s now gave me something more to put on to my CV and get my career started in the area I’d love to be in for the rest of my life. Thank you so much for helping me reach my goals and achieve my dreams!

I’ve recommended to all of my friends and would also recommend to anyone looking into doing a course. Go for it you won’t regret it!

Helen Buckwell

I am on the 4th module and so far I have to say I am really enjoying it.
I have already learnt so much that I never knew before about the human body.
I started this course because I am currently getting into health and fitness to make a better life and future for myself and so I know what is right and wrong when I exercise or with what I am putting into my body.
The layout is really easy to understand and follow, the questions at the end of each module is really helpful too as refreshes what you have already read and learnt. Overall, I am pretty addicted to the course and getting through it quick. Definitely worth the money.

Michelle Paddick

A great course to introduce and explain the roles and responsibilities of the PA and Administrator, or as a refresher to those wishing to return to the workplace.

The modules are jargon free and clearly laid out with exercises to complete at your own pace. There are useful notes and lists that help to make time management easier in the busy work environment.

I am impressed that the modules can be downloaded, saved or printed for future reference - many other courses do not offer this.

I have almost completed my Admin & PA Diploma and it has given me the confidence to apply for my first admin job in some years.

Meryl McMorran

Very well organised via Modules. It was extremely helpful. I learned a lot of new and interesting things.
I especially liked those modules with 'homework' at the end. It might be better if every module has some extra tasks for practice.

Darina Kostadinova

Melissa Newlin

Duration:
0.75 hours

Access:
Lifetime Access

Approved by:
CPD

Learning Type:


Text based modules  Images  Video learning 

Cost:
$7.50

was $25.00

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

This course includes

24/7 Student Support

End of course certification

Lifetime access to your course

Compatible with modern devices

PLUS - Access to the exclusive New Skills Academy Study Group!
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 2024

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.

Amazing course, great for people that never have time to go to college or evening classes. So easy to complete online and step by step instructions to help you. Will definitely be doing another course after this.

I’m starting my own business and this course will help me get started as it states all the things I need to know and to be aware of. I can’t wait until I have completed this as this will be a new chapter in my life. You have no time limit on this course which is great as I have a very busy life but this course gives you no pressure.

Would recommend this to anyone.

Megan Atkins

I was extremely worried at first that it wouldn’t be what I want in a course but the course is honestly absolutely amazing! It’s made to be really enjoyable, fun and easy to complete and best of all in your own time.

I could not recommend New Skills Academy any more! It’s now gave me something more to put on to my CV and get my career started in the area I’d love to be in for the rest of my life. Thank you so much for helping me reach my goals and achieve my dreams!

I’ve recommended to all of my friends and would also recommend to anyone looking into doing a course. Go for it you won’t regret it!

Helen Buckwell

I am on the 4th module and so far I have to say I am really enjoying it.
I have already learnt so much that I never knew before about the human body.
I started this course because I am currently getting into health and fitness to make a better life and future for myself and so I know what is right and wrong when I exercise or with what I am putting into my body.
The layout is really easy to understand and follow, the questions at the end of each module is really helpful too as refreshes what you have already read and learnt. Overall, I am pretty addicted to the course and getting through it quick. Definitely worth the money.

Michelle Paddick

A great course to introduce and explain the roles and responsibilities of the PA and Administrator, or as a refresher to those wishing to return to the workplace.

The modules are jargon free and clearly laid out with exercises to complete at your own pace. There are useful notes and lists that help to make time management easier in the busy work environment.

I am impressed that the modules can be downloaded, saved or printed for future reference - many other courses do not offer this.

I have almost completed my Admin & PA Diploma and it has given me the confidence to apply for my first admin job in some years.

Meryl McMorran

Very well organised via Modules. It was extremely helpful. I learned a lot of new and interesting things.
I especially liked those modules with 'homework' at the end. It might be better if every module has some extra tasks for practice.

Darina Kostadinova

Melissa Newlin

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