Leonard is employed and receive d a gross salary of 3,335 per month during tax year 2017-18.

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Leonard is employed and receive d a gross salary of £3,335 per month during tax year 2017-18. He also has a small business and paid 53 Class 2 NICs for the year. His trading income for 2017-18 was £10,754.

Calculate the refund of NICs due to Leonard for the year (if any).

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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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Leonard is employed and receive d a gross salary of 3,335 per month during tax year 2017-18.

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To calculate the refund of National Insurance Contributions NICs due to Leonard for the tax year 201...View the full answer

Taxation Finance Act 2017

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