Home For accounting professionals Bookkeeping
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


Employer National insurance for directors - will I need to report it with a separate nominal code?

lenacarterlenacarter Registered Posts: 4
Hi everyone,

I am investigation the opportunities available when using cloud accounting software and the link with an external payroll software.

We currently present the employer National Insurance element in two different nominal accounts, ie. employer's NI for the directors is posted to a different nominal code to employer's NI for other staff. Gross salary is done in the same way.
In the payroll software we use, I can differentiate the gross salary accounts, but there is no way of using two different codes for employer NI if I would like the payroll software to automatically post the salary journal into our accounting software.

Is it a requirement to show the directors and staff element of the employer national insurance separately in the accounts?

Thanks in advance.

Comments

  • davealucasdavealucas LondonMAAT Posts: 74
    I don't think that it is necessary to post Director's NI to a separate nominal code, they are all classed as employees after all.
    MarieNoellelenacarterfedemenni
  • lenacarterlenacarter Registered Posts: 4
    Thank you for your feedback. That makes the use of automation a little easier.
Sign In or Register to comment.