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If you have got questions, we have the answers. Just send us a message and one of our accountants will be in contact with you within 48hrs – even on weekends and holidays.

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    Stop By Anytime

    We are open: Monday to Friday from 9am to 7pm and Saturday from 10am to 5pm

    18 - 20 East Street
    Bromley, BR1 1QU

    At Adiva Accountants all initial consultations are free of charge, so contact us today.
    For quality, competitive, and friendly accountancy services, please contact

    Adiva Accountants

    on 020 8313 9117 or via email at contact@adivaaccountants.co.uk.

    At Adiva Accountants we have the knowledge and the experience to provide you with the kind of accounting and tax services that you are looking for. At Adiva Accountants we look forward to discuss with you, without obligation, ways in which we may be able to help your personal or business needs.

    Alternatively, you can complete the contact form here and we will respond as soon as possible.

    Directors of Adiva Accountants have over 10 years’ experience of providing accountancy services. They have completed Bachelor and Masters degrees in Accountancy, Taxation and Business Management. Additionally, they have completed various accountancy qualifications such as ACCA, AAT, etc. So, they hold various accountancy degrees and qualifications up to chartered certified accountant.

    They can advise you on many other things, such as how to get the best price when you come to sell your business. Or on how to satisfy the banks conditions when you need help with finance. Or on how to keep creditors, insurers and suppliers happy, etc. Their expertise covers income tax, capital gains tax, corporation tax, VAT, payroll and many more.

    They can help with dealing with Inland Revenue investigations also.


    Parking

    There are parking bays right in front of the office, please be careful not to park in loading bays. Parking costs £1.90 per hour (maximum stay 2 hours). Alternatively, you can park in Sainsbury’s car park, which is just 1 minute walk away from the office. Parking there is completely free for 30 minutes and would be free for up to 2 hours provided you spend £10 in Sainsbury’s. Our office is at 18-20 East Street, Bromley BR1 1QU, which is opposite of O’Neill’s pub and TruGym.

    Alternatively, there is a big car park (1,500 spaces) in the INTU Bromley Shopping Centre (formerly The Glades). Parking costs £1.10 per hour for every day of the week. The shopping centre car park address is: The Glades, High Street, Bromley, BR1 3EF.


    By car

    If you drive to our office in Bromley, please enter this address in your Satnav 18-20 East Street, Bromley, BR1 1QU. From Orpington, you can take A232, then A21. From Beckenham, you can take A222. From Eltham, you can take A208B226A2212, then A21. From Lewisham and Catford, you can take A21. From Croydon, you can take A232A233, then A21. From Kent, you can take A21. From North and East London, you can take the Blackwell tunnel southbound, A2A2213A20South Circular RoadA2212, then A21. From West London, you can take South Circular Road to Catford, then A21.


    Public transport

    We are situated in Bromley East Street, which is served by Bromley South and Bromley North train stations, they are about 5-10 minute’s walk away oesterreichischeapotheke.com/. There are direct trains from London Victoria, London Bridge and London Blackfriars to Bromley South station. Bromley South is connected by direct trains to major towns around London and in Kent such as St Albans, Orpington, Sevenoaks, Ashford, Gillingham, and Ramsgate.

    The main bus routes serving Bromley High street are 61, 119, 138, 146, 208, 227, 246, 261, 269, 320, 336, 352, 354, 358, and 367.

    Chartered Certified Accountants       Call us: 020 8313 9117 contact@adivaaccountants.co.uk
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    What is the scope of NICs?

    Employees

    Employees are liable to pay Class 1 NIC on their earnings. Additionally, a further secondary contribution is due from the employer.

    For tax year 2016/17 employee contributions are only due when earnings exceed a ‘primary threshold’ of £155 per week (£8,060 a year). The amount of NIC payable is 12% of the earnings above £155 up to earnings of £827 a week (£43,000 a year) the Upper Earnings Limit (UEL). Additionally, there is a further 2% NIC charge on weekly earnings above the UEL. Secondary contributions (Employers NIC) are due from the employer of 13.8% of earnings above the ‘secondary threshold’ of £156 per week for 2016/17 (£8,112 a year). However, there is no upper limit on the employer’s contributions, so 13.8% is paid on everything above £156 a week.

    Under 21s Employer NIC

    For those under the age of 21, the employers NIC are reduced from the normal rate of 13.8% to 0%. However, the above exemption will not apply to earnings above the Upper Secondary Threshold (UST) in a pay period. The UST is set at the same amount as the UEL. This is the amount of pay at which employees’ NIC fall from 12% to 2%. The weekly UST is £827 a week (£43,000 a year) for 2016/17. So, the employers will be liable to 13.8% NIC beyond this limit. However, the employee will still be liable to pay employee NIC.

    Apprentices under 25 NIC

    From 6 April 2016, the same as for under 21s, employer NICs are 0% for apprentices under 25 who earn less than the upper secondary threshold (UST) which is £827 per week (£43,000 a year). On pay above the UST, employers are liable to 13.8% NIC. Employee NICs are payable as normal.

    An apprentice needs to:

    • be working towards a government recognised apprenticeship in the UK which follows a government approved framework/standard
    • have a written agreement, giving the government recognised apprentice framework or standard, with a start and expected completion date.

    In order to identify the apprentices, the employers need to assign them NIC category letter H. This ensures that the correct NICs are collected.

    When the apprenticeship ends, or the employee turns 25, the employer needs to ensure that they amend the contributions letter.

    Benefits in kind

    If the employers provide benefits such as company cars for employees, they have a further NIC liability under Class 1A. Contributions are payable on the amount charged to income tax as a taxable benefit.

    Most of the benefits are subject to employer’s NI. The current rate of Class 1A for the benefits provided is the same as the employer’s secondary contribution rate of 13.8%.

    If you need help with NICs, please contact us at Adiva Accountants London for further advice.

    Categories: Bookkeeping, Bookkeeping Kent and London
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