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WHAT IS THE DIFFERENCE BETWEEN PAID AND SUFFERED?
Hamid runs a sole trader business, in which he employs an employee who earns £40000
per annum and is provided with a company car for private and business useFor each class of NIC select whether it is paid by Hamid and also whether it represent
part of the total tax cost suffered by Hamid
class 1 primary class 1 secondary class 1 a class 2 and class 4Hamid is an employer – the employer PAYS all the Class 1 (employer and employee) and 1a NIC to HMRC, but only SUFFERS the Class 1 employers and Class 1a NIC costs personally as the employee Class 1 NIC will be deducted from the employee’s salary and therefore SUFFERED by the employee
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