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yyjie

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Active 11 years ago
  • Topics: 4
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  • February 26, 2014 at 4:48 pm #160445
    mysteryyyjie
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    Hi,

    You can add me in study buddy for P6 UK

    February 26, 2014 at 11:38 am #160278
    mysteryyyjie
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    • Topics: 4
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    Yes, thanks. I understand the calculation process. I just don’t understand the function logic.

    For an self employer, he should deduct the NIC1 secondary (13.8%) which is deductive before income tax and NIC 4.

    Therefore i am not quite sure the logic of function 13.8%*(20%+9%)=4% is right or not. since the logic of this function seems to indicate 13.8% is after income tax and NIC4

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