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self employed tax...
tintysteph
Posts: 135 Forumite
in Cutting tax
Help!
My boyfriend is self employed and pays national insurance quarterly... yet when he gets his tax return through, he pays class 4 national insurance... can anyone tell me if this is right and why he pays ni twice over?
thanks in advance and sorry if this is in the wrong place!
My boyfriend is self employed and pays national insurance quarterly... yet when he gets his tax return through, he pays class 4 national insurance... can anyone tell me if this is right and why he pays ni twice over?
thanks in advance and sorry if this is in the wrong place!
0
Comments
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These are the 2 different elements of self-employed NI. The quarterly stuff is a fixed amount. The end of year stuff is based on his profits, which is why it waits until the tax return is filed.Hideous Muddles from Right Charlies0
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