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NI Contributions for self employed
Charliecherry
Posts: 36 Forumite
I am Paying class 2 National insurance as i have been self-employed since
last September,my question is do i pay out of profit or is it an expense of
the business
.......
ta in advance
last September,my question is do i pay out of profit or is it an expense of
the business
ta in advance
0
Comments
-
NI is calculated with your tax liabilities and so is a personal expense if you are self employed not a business expense. Your annual tax liability will bge calculated as tax & NI and payable usually together.
I am not a tax expert just know se people0
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