National Insurance earnings threshold. National Insurance is calculated on gross earnings (before tax or pension deductions) above the earnings threshold. For 2015-16 the National Insurance threshold is Â£155 a week or Â£8,060 a year.1  If you earn above the threshold you pay 12% of your earnings between Â£8,060 and Â£42,385.ational Insurance is calculated on gross earnings (before tax or pension deductions) above the earnings threshold. For 2015-16 the National Insurance threshold is Â£155 a week or Â£8,060 a year.
Western shareholders can elect to receive 0.4350 shares of Tesoro for each share of Western stock they own, or $37.30 in cash per share of Western stock. The price tag is based on Tesoroâs closing stock price of $85.74 on Nov. 16, 2016.
The merger calls for GTE to acquire Contel by issuing 1.27 shares of its common stock for each share of Contel common stock. It would be a tax-free exchange of shares for Contel shareholders. News of the merger plan sent Contel share prices soaring $7.12 1/2 to $35.12 1/2. GTE, however, lost $1.25 in value to close at $29.75 as investors worried that the takeover would depress its earnings.