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confused....national insurance
cazaline
Posts: 87 Forumite
in Cutting tax
Hi
I am trying to do my tax return online but dont understand if I need to pay class 4 NIC
I work full time employed as a nurse and pay tax /Ni and pension as part of this and my employer takes all the above at source.
in addition I have a small business that brings in about £4800 after I have taken off allowances in the tax year 2015/16.
As I already pay Ni through my employer do I also have to pay class 4 please?
Thanks in advance
I am trying to do my tax return online but dont understand if I need to pay class 4 NIC
I work full time employed as a nurse and pay tax /Ni and pension as part of this and my employer takes all the above at source.
in addition I have a small business that brings in about £4800 after I have taken off allowances in the tax year 2015/16.
As I already pay Ni through my employer do I also have to pay class 4 please?
Thanks in advance
0
Comments
-
https://www.gov.uk/self-employed-national-insurance-rates
Class 2 payable only if profits above £5965 and class 4 above £80600
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