Michael is a sole trader and makes up his accounts to 3 1 March. For the year

Fantastic news! We've Found the answer you've been seeking!

Question:

Michael is a sole trader and makes up his accounts to

31

March. For the year ended

31

March

2024

his profits, as adjusted for tax, were

100, 000 .

What will be his National Insurance contributions for

2023 / 24 ?

Related Book For answer-question

Payroll Accounting 2016

ISBN: 978-1337072649

26th edition

Authors: Bernard J. Bieg, Judith Toland

See More Books

Posted Date: Mar 17, 2024 08:02 PM

See More Questions

Sienna Major is UK resident and UK domiciled. Sienna is an employee of Otto Ltd earning 41,900 pa as her salary. In addition she is provided with a number of benefits: Otto Ltd contributes 10% of...
Ralph, aged 36, and Danielle, aged 33 are married for many years. The couple are jointly assessed for income tax purposes and have provided you with the following information: Ralph Ralph has been...
After graduating from Eastern University in Campus Town, USA with a degree in business, Michael Woods realized that he wanted to remain in Campus Town. After a number of unsuccessful attempts at...
Estimate the errors involved in Exercise 63, parts (a) and (b). How large should be in each case to guarantee an error of less than 0.00001?
The following additional information is available for the Dr. Ivan and Irene Incisor family. The Incisors own a rental beach house in Hawaii. The beach house was rented for the full year during 2013...
Calculate the value of the multiple integral. where D = {(x, y)| 0 < y < 1, y 2 < x < y + 2} Jp dA,
Estimate the overall odds ratio of the set of tables in Problem3.6 and test whether the odds ratios are the same across the tables. Problem3.6 is: 3.6 Use the DOS data to test whether there is gender...
Ceda Co. has equipment that cost $80,000 and that has been depreciated $50,000. Instructions Record the disposal under the following assumptions. (a) It was scrapped as having no value. (b) It was...
Short-Term (Operating) financial planning begins with the forecast. Based on this forecast, operating expenses can be estimated and then pro forma income statement and cash budget can be prepared....
You are a forensic accountant hired to investigate a case of suspected billing fraud in a healthcare organization. The organization provides medical services to patients and bills third-party payers,...
A block of stone, with a mass m = 4000 kg, is being carried on a trolley. It is to be held at rest by a mass m supported on a tray. The tray is attached to the trolley by a rope supported over a...
O Macmillan Learning An airplane flies eastward and always accelerates at a constant rate. At one position along its path, it has a velocity of 28.1 m/s. It then flies a further distance of 48900 m,...
4 Calculate the mass moment of inertia of of the thin ring shown in the accompanying uildiagram. Express your answer in lbm - ft, lbm in2, and slugs ft. Sbesteri Tiu D m = 0.5 slugs ndi anda muda ni...
The rocket seen in the figure is initially at rest and contains pressurized air at 20C and 20 bars (kept constant). Rocket and the pressurized air inside weigh M1 and M2 respectively. At t=0 nozzle...
A turbine engine rotates at 1250 rpm with a diameter of 3.93 m. Calculate: i) The angular velocity (w) of the propeller. ii) The linear velocity (v) at a point on the blade tip. iii) If the propeller...
You need a machine for 6 years and you have two options. Option (1): purchase Machine A, which costs $25,000, lasts for 3 years with a salvage value of $12,000; then purchase another Machine A for...
Anna, a high school counselor, devised a program that integrates classroom learning with vocational training to help adolescents at risk for school dropouts stay in school and transition to work...
How does an employer file an application for an employer identification number
How often must an employer file Form 941?
Under the Family and Medical Leave Act, what is the maximum number of weeks of unpaid leave that a covered employer is required to offer an employee whose spouse is seriously ill?
Deficits and fiscal consolidation As seen in the following table, the 2008 financial crisis left the United States with an enormous federal budget deficit in 2009. There was a substantial fiscal...
Which (if any) of the following statements about Pvalues is CORRECT? A. The Pvalue from a hypothesis test is the probability of obtaining your results, or more extreme results. B. The Pvalue from a...
Which (if any) of the following statements about the Type I error is CORRECT? A. The Type I error is the probability of rejecting the null hypothesis when it is true. B. The Type I error is the...

Michael is a sole trader and makes up his accounts to 3 1 March. For the year

Question:

Expert Answer:

To calculate Michaels National Insurance contributions for the year ending 31 March 2024 we first ne... View the full answer

Payroll Accounting 2016

Students also viewed these accounting questions