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May 9, 2023
Question

NIC amount different in QuickBooks Payroll than in my HMRC account

  • May 9, 2023
  • 1 reply
  • 0 views

Has anyone experienced the same issue? I've employed myself as the director for £1041.67 a month for the last two months of the previous tax year. Quickbooks calculated NIC to be £39.15 for month 11 and -£39.15 (negative value) for month 12. However, my HMRC account shows something different. £39.15 for month 11 and £0 for month 12. It makes £39.15 in my books. Why could that happen?

1 reply

HantsImpAuthor
May 9, 2023

In the main post, I've attached a screenshot from HMRC. Here I'm attaching a screenshot from the QuickBooks report.

May 9, 2023

Hello Hantslmp, thanks for posting on the Community page,  which payroll do you use in QuickBooks is it our advanced payroll or our standard payroll?

HantsImpAuthor
May 9, 2023

Thank you for your response. Standard payroll.