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If you have set up a limited company and appoint yourself as a director, you will need to make National Insurance contributions. In this video, Nicholas Campion, our resident company formation expert, will discuss the basics of National Insurance for limited companies, including the different types of contributions, current rates, and how to deduct and pay NIC through your company payroll. Chapters: 0:00 Intro 1:13 What exactly are National Insurance contributions? 2:35 The different types of National Insurance 8:11 How do you pay NIC through a company? 9:34 How to work out your director’s National Insurance contributions 11:22 Do you have to pay NIC on dividends? 12:01 Wrapping up Website: https://www.1stformations.co.uk/ Blog: https://www.1stformations.co.uk/blog/ Facebook: / 1stformations Instagram: / 1stformationsofficial LinkedIn: / 1st-formations Twitter: / 1stformations #1stFormations #smallbusiness #smallbusinesses #businessadvice #startup #nationalinsurance #nationalinsurancecontributions #uktax #companydirector