Mark starts his own business on 31 July 2023 and is self-employed for 36 weeks in tax

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Mark starts his own business on 31 July 2023 and is self-employed for 36 weeks in tax year 2023-24. His trading profit which is assessed to income tax for 2023-24 is £13,590. Calculate the Class 2 NICs and Class 4 NICs payable by Mark for the year.

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Taxation Finance Act 2023

ISBN: 9781292461083

29th Edition

Authors: Alan Melville

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Question Posted: May 02, 2024 10:01 AM

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Mark starts his own business on 31 July 2023 and is self-employed for 36 weeks in tax

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Marks trading profit for 202324 13590 is not less ...View the full answer

Taxation Finance Act 2023

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