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Class 4 NIC & Tax return

coldstreamalways
Posts: 852 Forumite
I'm emplyed in two jobs and also let a flat out that I own. I am just doing my tax return for 2010-11 and I appear to have a huge bill titled:
Total tax, Class 4 NIC and Student loan due for 2010-11
I understand the student loan as although I have finished paying it, I didn't make any repayments on my second job (job 1 is about 95% of my income) so I was expecting that but I don't understand class 4 NICs. I thought they were just for self employed people?
Any help gratefully received.
PS I made a loss of about £3.5k on the letting.
Total tax, Class 4 NIC and Student loan due for 2010-11
I understand the student loan as although I have finished paying it, I didn't make any repayments on my second job (job 1 is about 95% of my income) so I was expecting that but I don't understand class 4 NICs. I thought they were just for self employed people?
Any help gratefully received.
PS I made a loss of about £3.5k on the letting.
0
Comments
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Can you give us some figures? Upon first glance it would seem that, although it states 'Total tax, Class 4 NIC and Student loan due for 2010-11', the Class 4 element may well be NIL.'0
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I have sent you a PM ceeforcat, thank you for taking the time to reply.0
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