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NI Contributions for self employed

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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 :confused:.......

ta in advance

Comments

  • moneypooh
    moneypooh Posts: 2,217 Forumite
    Part of the Furniture Combo Breaker
    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 people
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