[eanna2014]

@joemilburn said:
For question 4, it looked to me like one was employed and the other wasn’t.

For the one not employed this would be charged as dividend income.

For the one employed I worked out the income charged and class 1A NIC

This is correct! It was a closed company and one of them was not employed he was just a shareholder. Therefore it was a deemed dividend and no class 1a was payable by the company.

Any idea why it was still a closed company?

Overall exam was tough 1st attempt and will be resitting in June

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