Securities with which ISINs can be used include debt securities, such as notes or bonds as well shares, such as common stock or shares of a fund, options, derivatives and futures. The ISIN identifies a security. An ISIN should not be confused with a ticker symbol which identifies the stock at the exchange level.
Employee and employer national insurance (NI) contribution are calculated based on gross pay in the normal way so, unless you use salary sacrifice arrangements, employees and employers do pay NI on the pension contributions deducted from employees pay.ur process is defined by HMRC as a ânet pay arrangementâ and requires the company to take any contributions due from the employee from gross pay before tax.
So if your employer offers a salary sacrifice arrangement, you should investigate whether you should take up this offer. Your employer should give you an overview of how salary sacrifice might affect you and whether or not they would pay some or all of the NICs they save into your pension pot. Your employer may provide less life cover if you sacrifice some of your salary. 2  You won't be able to receive a refund of your contributions if you leave your employment within two years of being in the scheme (a benefit many workplace schemes offer).