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Hello,
you mention that class 1 contribution is based on cash earnings. If somehow in the question there is also a personal contribution, occupational pension scheme or a PAYE figure . Do we have to deduct these from the cash earnings ?
also, for class 2 contribution we pay 2.85 pounds / week for all the trading profit and not what exceeds the threshold of 6025 pounds?
Thank you
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Thank you, I will do that
You are welcome.