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NIC

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › NIC

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Tax Tutor.
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  • August 14, 2020 at 7:08 am #580494
    AverageAndy
    Member
    • Topics: 128
    • Replies: 34
    • ☆☆

    Sir are class 2and Class 4 NICs payable by companies? Or just self-employed unincorporated traders have to pay them.

    August 14, 2020 at 5:38 pm #580569
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Look at section 3 of chapter 11 which tells you it is only the self employed – unincorporated traders – who pay class 2 & 4 NICs – not companies

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