Mark starts his own business on 1 August 2017 and is self-employed for 36 weeks in tax

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Mark starts his own business on 1 August 2017 and is self-employed for 36 weeks in tax year 2017-18. His trading profit which is assessed to income tax for 2017 -18 is £9,250.

Calculate the Class 2 NICs and Class 4 NICs payable by Mark 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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Mark starts his own business on 1 August 2017 and is self-employed for 36 weeks in tax

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Taxation Finance Act 2017

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