NICForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › NICThis topic has 1 reply, 2 voices, and was last updated 10 months ago by JillyB.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts January 21, 2024 at 11:01 am #698747 radhwaanParticipantTopics: 29Replies: 41☆☆Good day ma’am.Just need clarification on whether NICs(Class 1,Class 2, Class4) paid by individuals are deductible from their employment income/trading profit.And Class 1 and Class 1A NICs paid by employers is deductible from from trading profit while calculating Corporation tax right ma’am?Thank you very much January 23, 2024 at 2:23 pm #698940 JillyBKeymasterTopics: 0Replies: 860☆☆☆☆Class 1 is deductable by the employer on all payments – er’s and ee’s. Class 2/4 is not deductible from trade profitsAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In