Calculate the amount of class 4 national insurance

Reference no: EM133610995

Question: Sean is self-employed, and his tax adjusted trading profit for the year ended 5 April 2022 was £82,700.During the tax year 2021-22, Sean contributed £5,400 (gross) into a personal pension scheme. Required: Calculate the amount of class 4 national insurance contributions (NIC) will Sean pay for the tax year 2021-22. Clearly state your workings

Reference no: EM133610995

Questions Cloud

Calculate the total duties and taxes payable for each item : Calculate the total duties and taxes payable for each item and the total sum payable to customs for this shipment

What are the side effects of the action : All this data is public record information already, but still quite inconvenient to access. What are the side effects of this action?

Why vigenere is not acceptable as an algorithm : Post your answers and explain your experience and why Vigenere is not acceptable as an algorithm in today's computing environment.

Explain how signal detection theory : Explain how signal detection theory might lead you to make a mistake in perception if you are at home alone at night and are scared.

Calculate the amount of class 4 national insurance : Calculate the amount of class 4 national insurance contributions (NIC) will Sean pay for the tax year 2021-22. Clearly state your workings

Domestic violence cultural impact on parenting death : Domestic violence Cultural impact on parenting Death of a parent Challenges of military families Death of a child Addiction Taking care of Elderly Parents

Should you implement some controls on petty cash : Should you implement some controls on petty cash? Why? (b) If so, what controls could be used for petty cash

How extrinsic reward influences intrinsic motivation : How extrinsic reward influences intrinsic motivation? What did the fellowship and intrinsic motivation studies find?

Prepare-a letter addressed to amelia emerson : Prepare-a letter addressed to Amelia Emerson, Controller, Yukon, Inc., 350 Accounting Avenue, Northridge, California 91330, advising

User Account

All Pages