Compensation at 4.5%

If your National Insurance contributions are less than £45,000 per year you are a small employer and are entitled to Small Employers Relief (SER) at 4.5%. Calculate this by adding box e and box h then divide by 100 and multiply by 4.5.

((Earnings Related rate sub total + Standard Rate Sub Total) / 100)x 4.5)

Enter the amount in this box.