How to work out exact weeks between dates during exam?

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This topic contains 7 replies, has 5 voices, and was last updated by avatar richieinspain 2 years, 10 months ago. This post has been viewed 16 times

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  • Avatar of sunny20
    sunny20
    Participant
    • Topics: 11
    • Replies: 9

    Hi
    Does anyone know how to work out exact weeks between dates for calculating Class 2 NIC during exam? For example, trading starts from 30 April 2010, and ending on 30 August 2010, how may weeks exactly?
    Many thanks


    Avatar of Tax Tutor
    Tax Tutor
    Keymaster
    • Topics: 1
    • Replies: 364

    You don’t have to calculate in days you can do the calculation in months. So in your question it wil be 4 months.
    Hope this helps


    Avatar of sunny20
    sunny20
    Participant
    • Topics: 11
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    Sorry.Class 2 NIC is not monthly base. It is weekly base.


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    sue888
    Participant
    • Topics: 3
    • Replies: 44

    Hi, you are right about the weeks.

    31 days – in May
    30- June
    31-July
    31-Aug
    = 31*3+30=123days/7=17.57
    so you can round it up or down.
    so roughly 17 weeks or 18 weeks. we will be fine if we give either numbers


    avatar
    Anonymous
    • Topics: 7
    • Replies: 58

    assume 52 weeks a year, so in your example it is 4 months:

    4/12 x 52 = 17,3333333333

    so 17.


    Avatar of Tax Tutor
    Tax Tutor
    Keymaster
    • Topics: 1
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    I am aware that Class 2 is in reality calculated in weeks but for the EXAM you can do in months as the annual figure is £125. Just prorate so 4 months is 4/12 x 125 = £42
    Approx same as 17 x 2.40 = £41


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    richieinspain
    Participant
    • Topics: 19
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    Yes superwomen is correct… According to Kaplan all workings should be done to the nearest month


    avatar
    richieinspain
    Participant
    • Topics: 19
    • Replies: 88

    Yes superwomen is correct… According to Kaplan all workings should be done to the nearest month

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