Casenet is led by an executive team that combines a passion for healthcare and deep domain expertise with proven track records of delivering powerful enterprise software solutions and delighting customers.
2. Â£7,956 is the maximum salary that can be paid without incurring a National Insurance liability for the employee or employer; however, the employee will still obtain a âcreditâ for the tax year for state pension and other benefits entitlement.owever, in summary although the director would be paying Employee National Insurance of Â£245.28 (Â£10,000 â Â£7,956 = Â£2,044 x 12%) for 2014/15, the company would save corporation tax of Â£408.80 (Â£10,000 â Â£7,956 = Â£2,044 x 20%).
Employers have to contribute to the SIMPLE IRA of every employee who meets certain requirements, such as a minimum of $5,000 in compensation in any two previous years, and they have two choices. The employer can choose to match employee contributions dollar-for-dollar up to a maximum of 3% of the employee's salary. Or, the employer could choose to make nonelective contributions, contributing 2% of each employee's salary into their SIMPLE IRA regardless of whether or not the employee chooses to contribute. The nonelective contribution amount is based on up to $265,000 in employee compensation, while the matching contributions are only limited by how much the employee chooses to contribute.