During 2017-18, an employee earns 4,000 per month. (a) Calculate the total primary Class 1 NICs payable

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During 2017-18, an employee earns £4,000 per month.

(a) Calculate the total primary Class 1 NICs payable for the year.

(b) What would the total primary contributions be for t he year if the employee received £48,000 in one month and nothing in the remaining 11 months?

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Taxation Finance Act 2017

ISBN: 9781292200804

23rd Edition

Authors: Alan Melville

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Question Posted: Feb 07, 2024 08:40 AM

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During 2017-18, an employee earns 4,000 per month. (a) Calculate the total primary Class 1 NICs payable

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a Primary contributions each month are equal to 12 x 3750 680 2 x 4000 3750 3734...View the full answer

Taxation Finance Act 2017

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