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Good day, I am confused on the type taxable benefits included in NIC 1 and NIC 1A.Are only cash benefits to be included in NIC 1 and to be excluded from NIC 1A.I’ll appreciate if you can explain better
Class 1 NIC is calculated on the income received – ie the salary
Class 1A NIC is calculated on the benefits in kind which you will need to calculate.
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