(a) Alison has been self -employed for many years. Her profit for tax year 2017 -18 is...

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(a) Alison has been self -employed for many years. Her profit for tax year 2017 -18 is £5,600. Is she liable to pay Class 2 NICs for the year?

(b) Amanda starts her own business on 1 June 2017 and is self-employed throughout the remaining 45 weeks of tax year 20 17-18. Her profit for 2017 -18 is £7,200. Calculate the required Class 2 NICs for the year.

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Taxation Finance Act 2017

ISBN: 9781292200804

23rd Edition

Authors: Alan Melville

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Question Posted: Feb 07, 2024 08:40 AM

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(a) Alison has been self -employed for many years. Her profit for tax year 2017 -18 is...

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Taxation Finance Act 2017

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