NIC

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June 30, 2020 at 9:52 am #575408
Noah098
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sir i wanted to know if Class 1 employer’s NIC is a deductible expense for the employer or not?
June 30, 2020 at 11:09 am #575425
Tax Tutor
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Yes it is – the full gross salary plus the employers NIC is an allowable deduction against the trading profits of the business
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