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.
Salary sacrifice works by reducing your liability to National Insurance by getting your employer to make your pension contributions on your behalf. Your employer is able to make a bigger pension contribution on your behalf because it does not have to pay the employee's National Insurance.he tax savings from salary sacrifice come from both the saving in the employee's NI contribution and the employer's. The employee NI saving will increase the pension contribution of somebody paying 5pc of a Â£35,000 salary by 11pc.