Pay employers' Class 1A National Insurance
Class 1A contributions on sporting testimonials
A sporting testimonial is an event or series of events to honour a player for their service, such as when the player retires.
The testimonial committee must pay Class 1A National Insurance if the payment to a player is:
- more than £100,000
- not in the player’s contract
The payment is usually the profit from the event.
The committee must pay the contributions on the payment through PAYE.