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Is SMP subject to tax and NICs (National Insurance contributions)?

April 26, 2017contributions Insurance National NICs SMP Subject tax

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Is SMP subject to tax and NICs (National Insurance contributions)?

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Yes. SMP is regarded as earnings for PAYE (Pay As You Earn) and NICs. But it may be that the earnings will not be high enough to attract payment of NICs and may also produce a tax rebate.