Moving to the UK comes with plenty of new tax responsibilities, but understanding National Insurance Contributions (NICs) doesn’t have to be one of the tough ones. NICs determine your eligibility for essential benefits like the state pension and healthcare, so it’s important to get them right from the start.
We connect you with a supportive team of dedicated expat tax consultants who:
Clarify if you need to pay NICs
Whether you’re employed, self-employed, or working remotely — your work status determines if you need to pay NIC. You can also pay NIC on a voluntary basis if for example, you wish to preserve your pension rights. An expert will explain this in more detail and help you figure out your obligations so you won’t be caught off guard by any unexpected costs.
Determine how NICs impact your future benefits
NICs are a tax but they also affect your future benefits like pension and healthcare. Find out how paying (or not paying) NICs now will impact you down the road. This will help you make informed decisions about your future.
Check if you’re eligible for any exemptions or reliefs
NICs exemptions and reductions can be complicated, but they’re worth looking into. Figure out your status with professional tax advice, and ensure you don’t miss out on saving money where you can.
Support with submitting your IHT return
Prepare and submit your IHT return — including forms like the IHT400 — accurately and on time, so nothing gets missed and everything’s done correctly.
Help avoid penalties and non-compliance costs
You definitely want to avoid penalties and fines for overlooking an important tax responsibility. Still, this is something that can easily happen. Team up with a tax expert to stay compliant with all NIC rules, so you can avoid any of these unexpected costs.