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Thank you for replying, This is very good help.
Can you also please clarifies?
Quotes ===Class 4 is at a rate of 8% on profits over £5715
Is this class 4 only payable to self employed income or When you calculate whole of your income at the end of the year and then pay on that whole figure...
Extract from Above (If your profits are expected to be less than £5,075 you may not have to pay Class 2 National Insurance contributions.)
The above figure is annually, Right. In my case As i only worked 3 months as self employed and my net profit figure is less tha 5057. I have already paid...
Thank you for all your responses.
What I understand is, Add up all five employed taxable Gross earnings and net profit figure from self employed MINUS thresh hold figure and 20% of that figure is my tax which i suppose to pay. Then deduct this fugure from the tax I have already paid.
The...
Thank you very much for you all who participated.
I have already paid NI for those three months (Self employed Periods), I was sent forms by HMRC to file my self assessment. But i am struggling to fill those forms out.
how would i need to work out?
1. Do i need to calculate my all gross...
Dear Members and Experts
In the year 2009 to 2010, I have been working as an employee for five different employer on different periods but some times working for two employers at the same time (two jobs), and have been paying Tax and Ni through PAYE.
During the same year 2009 to 2010, I...
Some companies ask for a personal reference in that case. If you have any of your friend or some one mayht be ex coleague who can confirm in writing that you were werking for that company on those dates.